Cambrex: 2Q Earnings Snapshot
EAST RUTHERFORD, N.J. (AP) _ Cambrex Corp. (CBM) on Thursday reported second-quarter net income of $40.4 million.
On a per-share basis, the East Rutherford, New Jersey-based company said it had net income of $1.20. Earnings, adjusted for one-time gains and costs, were 74 cents per share.
The life sciences company posted revenue of $152 million in the period.
Cambrex expects full-year earnings in the range of $2.91 to $3.14 per share.
Cambrex shares have climbed 32 percent since the beginning of the year. The stock has risen 3 percent in the last 12 months.