Astrazeneca: 2Q Earnings Snapshot
CAMBRIDGE, Britain (AP) _ Astrazeneca PLC (AZN) on Thursday reported second-quarter net income of $107 million.
On a per-share basis, the Cambridge, Britain-based company said it had profit of 9 cents. Earnings, adjusted for non-recurring costs and amortization costs, came to 73 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.
The pharmaceutical posted revenue of $5.82 billion in the period.
Astrazeneca shares have risen 6% since the beginning of the year. The stock has climbed roughly 8% in the last 12 months.