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American Pacific Reports Fiscal 2013 First Quarter Results; Reaffirms Full Year Guidance

micals within its focused markets.  We supply active pharmaceutical ingredients and advanced intermediates to the pharmaceutical industry.  For the aerospace and defense industry we provide specialty chemicals used in solid rocket motors for space launch and military missiles.  We produce clean agent chemicals for the fire protection industry, as well as electro-chemical equipment for the water treatment industry.  Our products are designed to meet customer specifications and often must meet certain governmental and regulatory approvals. Additional information about us can be obtained by visiting our web site at

Contact:  Dana M. Kelley – (702) 735-2200
Website:  www.apfc.comAMERICAN PACIFIC CORPORATIONCondensed Consolidated Statements of Operations (Unaudited, Dollars in Thousands, Except per Share Amounts)Three Months Ended December 31, 20122011Revenues

$ 36,318

$ 38,485Cost of Revenues


26,255Gross Profit


12,230Operating Expenses


9,485Other Operating Gains


14Operating Income


2,759Interest and Other Income (Expense), Net


7Interest Expense


2,639Loss on Debt Extinguishment


-Income from Continuing  Operations before Income Tax


127Income Tax Expense (Benefit)


92Income from Continuing Operations


35Income from DiscontinuedOperations, Net of Tax


116Net Income

$ 1,155

$ 151Basic Earnings Per Share:Income from Continuing Operations

$ 0.15

$ 0.00Income from DiscontinuedOperations, Net of Tax

$ 0.00

$ 0.02Net I

SOURCE American Pacific Corporation
Copyright©2012 PR Newswire.
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