LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Turning Point Brands, Inc. (TPB) on Thursday reported net income of $12 million in its first quarter.

On a per-share basis, the Louisville, Kentucky-based company said it had net income of 63 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 80 cents per share.

The company posted revenue of $97.1 million in the period.

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