December 6, 2012 / 11:16 AM / 5 years ago

Smithfield quarterly revenue falls

Dec 6 (Reuters) - Largest U.S. pork and hog producer Smithfield Foods Inc’s quarterly revenue fell, hurt by lower meat and live hog prices.

The company’s second-quarter net income fell to $10.9 million, or 7 cents per share, from $120.7 million, or 74 cents per share, a year earlier.

On an adjusted basis, the company earned 61 cents per share.

Revenue fell nearly 3 percent to $3.23 billion.

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