NEW HAMPTON, N.Y. (AP) _ Balchem Corp. (BCPC) on Friday reported first-quarter earnings of $28.9 million.

The New Hampton, New York-based company said it had profit of 89 cents per share.

The chemical company posted revenue of $228.9 million in the period.

Blachem shares have fallen 24% since the beginning of the year. The stock has increased 2% in the last 12 months.

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