BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Lantheus Holdings Inc. (LNTH) on Thursday reported first-quarter profit of $118.4 million.
The Bedford, Massachusetts-based company said it had net income of $1.80 per share. Earnings, adjusted for one-time gains and costs, were $1.46 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The diagnostic imaging company posted revenue of $377.3 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $358.1 million.
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