Lantheus Holdings: Q4 Earnings Snapshot

BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Lantheus Holdings Inc. (LNTH) on Thursday reported fourth-quarter net income of $103.4 million.

On a per-share basis, the Bedford, Massachusetts-based company said it had profit of $1.47. Earnings, adjusted for stock option expense and non-recurring costs, were $1.75 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.

The diagnostic imaging company posted revenue of $354 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $350.4 million.

For the year, the company reported profit of $326.7 million, or $4.65 per share. Revenue was reported as $1.3 billion.

For the current quarter ending in March, Lantheus Holdings expects its per-share earnings to range from $1.50 to $1.54.

The company said it expects revenue in the range of $347 million to $355 million for the fiscal first quarter.

Lantheus Holdings expects full-year earnings in the range of $6.50 to $6.70 per share, with revenue ranging from $1.41 billion to $1.45 billion.

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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 LNTH at https://www.zacks.com/ap/LNTH