BRISBANE, Calif. (AP) _ Innoviva Inc. (INVA) on Wednesday reported fourth-quarter net income of $263.8 million.
On a per-share basis, the Brisbane, California-based company said it had profit of $2.34.
The biopharmaceutical company posted revenue of $79.9 million in the period.
For the year, the company reported profit of $395.1 million, or $3.53 per share. Revenue was reported as $261 million.
Innoviva shares have declined 12 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.34, an increase of nearly 10 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INVA at https://www.zacks.com/ap/INVA