FT. MYERS, Fla. (AP) — FT. MYERS, Fla. (AP) — AliCo. (ALCO) on Monday reported a fiscal third-quarter loss of $2 million, after reporting a profit in the same period a year earlier.

The Ft. Myers, Florida-based company said it had a loss of 27 cents per share.

The agribusiness and land management company posted revenue of $13.6 million in the period.

Alico shares have decreased roughly 6% since the beginning of the year. In the final minutes of trading on Monday, shares hit $27.43, an increase of 11% in the last 12 months.

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