BOCA RATON, Fla. (AP) _ ODP Corp. (ODP) on Wednesday reported first-quarter net income of $53 million.
The Boca Raton, Florida-based company said it had net income of 95 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.21 per share.
The office supply retailer posted revenue of $2.37 billion in the period.
ODP Corp. shares have risen 45% since the beginning of the year. The stock has more than doubled in the last 12 months.
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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 ODP at https://www.zacks.com/ap/ODP
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