JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Organon & Co. (OGN) on Thursday reported third-quarter net income of $58 million.

The Jersey City, New Jersey-based company said it had net income of 23 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 87 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.

The pharmaceutical company posted revenue of $1.52 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.59 billion.

Organon expects full-year revenue in the range of $6.15 billion to $6.25 billion.

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