ATCHISON, Kan. (AP) _ MGP Ingredients Inc. (MGPI) on Thursday reported third-quarter net income of $10.4 million.

The Atchison, Kansas-based company said it had profit of 61 cents per share.

The producer of distillery and ingredients products used by the packaged goods industry posted revenue of $103 million in the period.

MGP shares have decreased 17% since the beginning of the year. The stock has dropped 18% in the last 12 months.

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