GAITHERSBURG, Md. (AP) — GAITHERSBURG, Md. (AP) — Emergent Biosolutions Inc. (EBS) on Wednesday reported earnings of $9 million in its first quarter.
On a per-share basis, the Gaithersburg, Maryland-based company said it had net income of 17 cents. Earnings, adjusted for one-time gains and costs, were 59 cents per share.
The biopharmaceutical company posted revenue of $300.4 million in the period.
For the current quarter ending in June, Emergent Biosolutions said it expects revenue in the range of $160 million to $210 million.
The company expects full-year revenue in the range of $1 billion to $1.1 billion.
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