Lantheus Holdings: Q1 Earnings Snapshot
Lantheus Holdings Inc. (LNTH) on Thursday reported a loss of $2.8 million in its first quarter
By AP News
Published - May 04, 2023, 07:34 AM ET
Last Updated - May 02, 2024, 02:24 PM EDT
BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Lantheus Holdings Inc. (LNTH) on Thursday reported a loss of $2.8 million in its first quarter.
On a per-share basis, the Bedford, Massachusetts-based company said it had a loss of 4 cents. Earnings, adjusted for one-time gains and costs, were $1.47 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.
The diagnostic imaging company posted revenue of $300.8 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $280.7 million.
