Revenue Update on Alliance One International(NYSE:AOI)

Alliance One International(NYSE:AOI) announced the earnings results for Fiscal Year 2017 and Q3. The results came in during After-Market on Feb 6, 2017. Earnings per share were $-0.61.

Alliance One International (AOI) shares turned negative on Tuesdays trading session with the shares closing down -0.1 points or -0.65% at a volume of 43,155. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $16. The peak price level was also seen at $16 while the days lowest was $14.85. Finally the shares closed at $15.4. The 52-week high of the shares is $27.23 while the 52-week low is $9.24. According to the latest information available, the market cap of the company is $150 M.

Several Insider Transactions has been reported to the SEC. On Jul 1, 2015, Jeffrey A Eckmann (director) purchased 500 shares at $22.37 per share price.Also, On Mar 31, 2015, Graham J Kayes (EVP – BRM & Leaf) purchased 30,000 shares at $1.16 per share price.On Mar 31, 2015, C Richard Jr Green (director) purchased 5,000 shares at $1.10 per share price, according to the Form-4 filing with the securities and exchange commission.

Alliance One International Inc. is a leaf tobacco merchant. The Company is engaged in purchasing processing packing storing and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products globally. The Company deals primarily in flue-cured burley and oriental tobaccos that is used in international brand cigarettes. The Company’s revenues are primarily comprised of sales of processed tobacco and fees charged for processing and related services to these manufacturers of tobacco products. The Company does not manufacture cigarettes or other consumer tobacco products. The Company has classified its business into three segments for reporting purposes: South America segment Value Added Services segment and Other Regions segment. Value Added Services is comprised of the Company’s crushed rolled expanded stem (CRES) cut rag toasted burley and other specialty products and services.

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