RANCHO CUCAMONGA, Calif. (AP) — RANCHO CUCAMONGA, Calif. (AP) — Amphastar Pharmaceuticals Inc. (AMPH) on Tuesday reported second-quarter net income of $26.1 million.
The Rancho Cucamonga, California-based company said it had net income of 49 cents per share. Earnings, adjusted for one-time gains and costs, were 65 cents per share.
The specialty pharmaceutical company posted revenue of $145.7 million in the period.
Amphastar shares have more than doubled since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $65, an increase of 72% in the last 12 months.
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, source Associated Press News