Amphastar: Q2 Earnings Snapshot

Associated Press Finance
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RANCHO CUCAMONGA, Calif. (AP) — RANCHO CUCAMONGA, Calif. (AP) — Amphastar Pharmaceuticals Inc. (AMPH) on Tuesday reported second-quarter net income of $26.1 million.

The Rancho Cucamonga, California-based company said it had net income of 49 cents per share. Earnings, adjusted for one-time gains and costs, were 65 cents per share.

The specialty pharmaceutical company posted revenue of $145.7 million in the period.

Amphastar shares have more than doubled since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $65, an increase of 72% in the last 12 months.

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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 AMPH at https://www.zacks.com/ap/AMPH

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