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Lantheus Holdings posts 4Q profit

NORTH BILLERICA, Mass. (AP) _ Lantheus Holdings Inc. (LNTH) on Tuesday reported fourth-quarter profit of $4.9 million.

The North Billerica, Massachusetts-based company said it had profit of 13 cents per share. Earnings, adjusted for non-recurring costs, were 18 cents per share.

The diagnostic imaging company posted revenue of $74.4 million in the period.

For the year, the company reported net income of $26.8 million, or 82 cents per share, swinging to a profit in the period. Revenue was reported as $301.9 million.

Lantheus Holdings shares have climbed almost 9 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.35, more than quadrupling 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 LNTH at https://www.zacks.com/ap/LNTH


Keywords: Lantheus Holdings, Earnings Report