Revenues in the third quarter of fiscal 2018 increased 9% to $149.3 million compared to $136.6 million in the year-ago quarter. The increase was primarily due to a $15.5 million or 15% increase in revenues in Apio’s packaged fresh vegetables business. This increase was partially offset by a $2.9 million or 39% decrease in revenues in Apio’s lower-margin food export business. The Company announced on February 28, 2018 that it will be discontinuing its food export business at the end of fiscal 2018.
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