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MGP: Q1 Earnings Snapshot

ATCHISON, Kan. (AP) — ATCHISON, Kan. (AP) — MGP Ingredients Inc. (MGPI) on Wednesday reported a loss of $134.8 million in its first quarter.

The Atchison, Kansas-based company said it had a loss of $6.30 per share. Earnings, adjusted for asset impairment costs and restructuring costs, were 15 cents per share.

The producer of distillery and ingredients products used by the packaged goods industry posted revenue of $106.4 million in the period.

MGP expects full-year earnings in the range of $1.50 to $1.80 per share, with revenue in the range of $480 million to $500 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGPI at https://www.zacks.com/ap/MGPI

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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