MONTVALE, N.J. (AP) — MONTVALE, N.J. (AP) — Balchem Corp. (BCPC) on Friday reported first-quarter net income of $29 million.

On a per-share basis, the Montvale, New Jersey-based company said it had profit of 89 cents.

The chemical company posted revenue of $239.7 million in the period.

Blachem shares have declined nearly 2% since the beginning of the year. The stock has risen 12% in the last 12 months.

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