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Cambrex: 4Q Earnings Snapshot

EAST RUTHERFORD, N.J. (AP) _ Cambrex Corp. (CBM) on Wednesday reported fourth-quarter net income of $1.2 million.

On a per-share basis, the East Rutherford, New Jersey-based company said it had profit of 4 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.44 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share.

The life sciences company posted revenue of $134.3 million in the period.

For the year, the company reported profit of $92.4 million, or $2.75 per share. Revenue was reported as $532.1 million.

Cambrex shares have risen roughly 10 percent since the beginning of the year. The stock has declined 22 percent 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 CBM at https://www.zacks.com/ap/CBM