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Jazz: Q2 Earnings Snapshot

Jazz: Q2 Earnings Snapshot

By AP News
Published - Aug 01, 2024, 01:56 AM ET
Last Updated - Aug 01, 2024, 01:56 AM EDT

DUBLIN (AP) — DUBLIN (AP) — Jazz Pharmaceuticals PLC (JAZZ) on Wednesday reported second-quarter net income of $168.6 million.

The Dublin-based company said it had net income of $2.49 per share. Earnings, adjusted for one-time gains and costs, were $5.30 per share.

The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $4.68 per share.

The drugmaker posted revenue of $1.02 billion in the period, also beating Street forecasts. Ten analysts surveyed by Zacks expected $1 billion.

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