Pacira: Q4 Earnings Snapshot

TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Pacira Pharmaceuticals Inc. (PCRX) on Thursday reported fourth-quarter earnings of $24.9 million.

On a per-share basis, the Tampa, Florida-based company said it had net income of 50 cents. Earnings, adjusted for one-time gains and costs, were 89 cents per share.

The results matched Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 89 cents per share.

The specialty drugmaker posted revenue of $181.2 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $180.6 million.

For the year, the company reported profit of $42 million, or 89 cents per share. Revenue was reported as $675 million.

Pacira expects full-year revenue in the range of $680 million to $705 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCRX at https://www.zacks.com/ap/PCRX