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Vivus posts 4Q profit

MOUNTAIN VIEW, Calif. (AP) _ Vivus Inc. (VVUS) on Wednesday reported fourth-quarter net income of $56.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Mountain View, California-based company said it had profit of 54 cents.

The biopharmaceutical company posted revenue of $81.8 million in the period.

For the year, the company reported net income of $23.3 million, or 22 cents per share, swinging to a profit in the period. Revenue was reported as $124.3 million.

In the final minutes of trading on Wednesday, the company's shares hit $1.04. A year ago, they were trading at $1.04.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VVUS at https://www.zacks.com/ap/VVUS


Keywords: Vivus, Earnings Report