BRISBANE, Calif. (AP) _ Innoviva Inc. (INVA) on Wednesday reported third-quarter net income of $39.8 million.
The Brisbane, California-based company said it had net income of 36 cents per share.
The biopharmaceutical company posted revenue of $65.4 million in the period.
Innoviva shares have fallen 36% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.20, a decrease of 25% in the last 12 months.