FORT LAUDERDALE, Fla. (AP) _ Element Solutions Inc (ESI) on Wednesday reported first-quarter net income of $82.3 million.

The Fort Lauderdale, Florida-based company said it had profit of 33 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 37 cents per share.

The specialty chemical and printing products posted revenue of $550.1 million in the period.

Element Solutions shares have climbed 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $20.65, more than doubling in the last 12 months.

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