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SILVER SPRING, Md. (AP) — SILVER SPRING, Md. (AP) — United Therapeutics Corp. (UTHR) on Wednesday reported first-quarter net income of $240.9 million.
The Silver Spring, Maryland-based company said it had profit of $4.86 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.35 per share.
The drugmaker posted revenue of $506.9 million in the period, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $514.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a UTHR">Zacks stock report on UTHR at https://www.zacks.com/ap/UTHR