SILVER SPRING, Md. (AP) — SILVER SPRING, Md. (AP) — United Therapeutics Corp. (UTHR) on Wednesday reported first-quarter net income of $306.6 million.
The Silver Spring, Maryland-based company said it had net income of $6.17 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $5.63 per share.
The drugmaker posted revenue of $677.7 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $627.7 million.
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