MIAMI (AP) — MIAMI (AP) — Opko Health Inc. (OPK) on Wednesday reported third-quarter profit of $21.6 million.
On a per-share basis, the Miami-based company said it had net income of 3 cents.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The holding company with investments in pharmaceutical and diagnostics companies posted revenue of $151.7 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $157.1 million.
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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 OPK at https://www.zacks.com/ap/OPK
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