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CRH Medical posts 1Q profit

VANCOUVER, British Columbia (AP) _ CRH Medical Corp. (CRHM) on Wednesday reported first-quarter profit of $1.5 million.

The Vancouver, British Columbia-based company said it had net income of 2 cents per share.

The gastrointestinal diseases treatment developer posted revenue of $22.5 million in the period.

CRH Medical shares have climbed 26 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.60, a rise of 94 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 CRHM at https://www.zacks.com/ap/CRHM

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Keywords: CRH Medical, Earnings Report