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Emergent Biosolutions: 3Q Earnings Snapshot

·1 min read

GAITHERSBURG, Md. (AP) _ Emergent Biosolutions Inc. (EBS) on Thursday reported third-quarter profit of $39.5 million.

On a per-share basis, the Gaithersburg, Maryland-based company said it had net income of 73 cents. Earnings, adjusted for non-recurring costs, came to $2.19 per share.

The biopharmaceutical company posted revenue of $385.2 million in the period.

Emergent Biosolutions shares have climbed 80% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $97.15, a rise of 67% 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 EBS at https://www.zacks.com/ap/EBS