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WATERBURY — Coffee company Green Mountain Coffee Roasters Inc. said Wednesday its fiscal third-quarter profit more than doubled on higher sales.
Still, revenue fell short of Wall Street's forecast, sending shares down in after-hours trading.
In the three months ended June 27, Green Mountain earned $14.1 million, or 36 cents per share, from $6.3 million, or 16 cents per share, in the same period a year earlier.
Analysts surveyed by Thomson Reuters were looking for a profit of 28 cents per share.
Revenue jumped to $190.5 million, up 61 percent, from $118.1 million a year ago — below Wall Street's forecast of $194 million.
In after-hours trading, shares fell $3.57, or 5.4 percent, to $62.40. The company's stock closed down $1.60, or 2.4 percent, to $65.90.
