CELEBRATION, Fla. (AP) — CELEBRATION, Fla. (AP) — Zevra Therapeutics, Inc. (ZVRA) on Tuesday reported second-quarter net income of $74.7 million.
The Celebration, Florida-based company said it had profit of $1.21 per share. Losses, adjusted for non-recurring gains, came to 6 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The specialty pharmaceutical company posted revenue of $25.9 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $22.6 million.
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