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Retrophin: 1Q Earnings Snapshot

SAN DIEGO (AP) _ Retrophin Inc. (RTRX) on Monday reported first-quarter net income of $808,000, after reporting a loss in the same period a year earlier.

The San Diego-based company said it had profit of 2 cents per share.

The drug developer posted revenue of $47.8 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $43.1 million.

Retrophin shares have increased 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $16.55, a decline of roughly 8% 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 RTRX at https://www.zacks.com/ap/RTRX