MAUMEE, Ohio (AP) — MAUMEE, Ohio (AP) — The Andersons Inc. (ANDE) on Tuesday reported first-quarter net income of $5.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Maumee, Ohio-based company said it had profit of 16 cents.

The agriculture company posted revenue of $2.72 billion in the period.

Andersons shares have declined slightly more than 2% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $56.14, a climb of 51% in the last 12 months.

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