United Therapeutics: Q1 Earnings Snapshot
By AP News
Published - May 03, 2023, 06:10 AM ET
Last Updated - Jun 21, 2023, 11:34 PM EDT
SILVER SPRING, Md. (AP) — SILVER SPRING, Md. (AP) — United Therapeutics Corp. (UTHR) on Wednesday reported first-quarter net income of $240.9 million.
The Silver Spring, Maryland-based company said it had profit of $4.86 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.35 per share.
The drugmaker posted revenue of $506.9 million in the period, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $514.4 million.