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Actionable news in BETR: Amplify Snack Brands Inc,

Amplify Snack Brands Profit Rises, Though Margins Fall

Amplify Snack Brands CEO and President Thomas Ennis, center, rang the New York Stock Exchange...

But higher marketing spending ate away at the company’s margins, and shares fell 9% in after-hours trading to $14.10 as adjusted profit landed in line with analysts’ expectations. In the company’s previous two quarters since going public, results had topped Wall Street’s views.

Over all, Amplify reported a profit of $8.4 million, or 11 cents a share, compared...