NEW HAMPTON, N.Y. (AP) _ Balchem Corp. (BCPC) on Friday reported first-quarter profit of $19.8 million.

On a per-share basis, the New Hampton, New York-based company said it had profit of 61 cents. Earnings, adjusted for one-time gains and costs, were 81 cents per share.

The chemical company posted revenue of $174.4 million in the period.

Blachem shares have dropped 12% since the beginning of the year. The stock has dropped 11% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCPC at https://www.zacks.com/ap/BCPC

Automated Insights, source Associated Press News