Lantheus Holdings: Q3 Earnings Snapshot

BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Lantheus Holdings Inc. (LNTH) on Wednesday reported third-quarter earnings of $131.1 million.

On a per-share basis, the Bedford, Massachusetts-based company said it had net income of $1.79. Earnings, adjusted for one-time gains and costs, were $1.70 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.

The diagnostic imaging company posted revenue of $378.7 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $373.6 million.

Lantheus Holdings expects full-year earnings in the range of $6.65 to $6.70 per share, with revenue in the range of $1.51 billion to $1.52 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNTH at https://www.zacks.com/ap/LNTH

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