Pacira: Q1 Earnings Snapshot

BRISBANE, Calif. (AP) — BRISBANE, Calif. (AP) — Pacira Pharmaceuticals Inc. (PCRX) on Thursday reported profit of $2.9 million in its first quarter.

On a per-share basis, the Brisbane, California-based company said it had net income of 7 cents. Earnings, adjusted for one-time gains and costs, came to 60 cents per share.

The specialty drugmaker posted revenue of $177.4 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $176.4 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 PCRX at https://www.zacks.com/ap/PCRX

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