SILVER SPRING, Md. (AP) — SILVER SPRING, Md. (AP) — United Therapeutics Corp. (UTHR) on Wednesday reported first-quarter profit of $322.2 million.
On a per-share basis, the Silver Spring, Maryland-based company said it had profit of $6.63.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $6.29 per share.
The drugmaker posted revenue of $794.4 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $726.2 million.
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