BRISBANE, Calif. (AP) _ Innoviva Inc. (INVA) on Wednesday reported second-quarter earnings of $37.7 million.
The Brisbane, California-based company said it had net income of 34 cents per share.
The biopharmaceutical company posted revenue of $64.1 million in the period.
Innoviva shares have declined 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.03, a drop of 6.5% in the last 12 months.