BAGSVAERD, Denmark (AP) — BAGSVAERD, Denmark (AP) — Novo Nordisk A/S (NVO) on Thursday reported first-quarter net income of $3.7 billion.

On a per-share basis, the Bagsvaerd, Denmark-based company said it had net income of 83 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.

The drugmaker posted revenue of $9.52 billion in the period.

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