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SILVER SPRING, Md. (AP) _ United Therapeutics Corp. (UTHR) on Wednesday reported second-quarter profit of $107.1 million.
The Silver Spring, Maryland-based company said it had net income of $2.41 per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $2.41 per share.
The drugmaker posted revenue of $362 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $340.8 million.
United Therapeutics shares have increased 28% since the beginning of the year. The stock has increased 45% in the last 12 months.
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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 UTHR at https://www.zacks.com/ap/UTHR
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