WILMINGTON, Ohio (AP) _ Air Transport Services Group Inc. (ATSG) on Wednesday reported first-quarter net income of $42.3 million.

On a per-share basis, the Wilmington, Ohio-based company said it had profit of 49 cents. Earnings, adjusted for non-recurring gains, were 19 cents per share.

The air cargo company posted revenue of $376.1 million in the period.

Air Transport Services shares have fallen 15% since the beginning of the year. The stock has climbed 36% 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 ATSG at https://www.zacks.com/ap/ATSG