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Lantheus Holdings: Q2 Earnings Snapshot

Lantheus Holdings: Q2 Earnings Snapshot

By AP News
Published - Jul 31, 2024, 09:23 AM ET
Last Updated - Jul 31, 2024, 09:23 AM EDT

BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Lantheus Holdings Inc. (LNTH) on Wednesday reported second-quarter net income of $62.1 million.

On a per-share basis, the Bedford, Massachusetts-based company said it had net income of 88 cents. Earnings, adjusted for one-time gains and costs, were $1.80 per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.83 per share.

The diagnostic imaging company posted revenue of $394.1 million in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $381.3 million.

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