Bioventus: Q3 Earnings Snapshot

DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — Bioventus Inc. (BVS) on Monday reported third-quarter earnings of $6 million.

The Durham, North Carolina-based company said it had net income of 8 cents per share. Earnings, adjusted for non-recurring costs, were 17 cents per share.

The company posted revenue of $142.4 million in the period.

Bioventus expects full-year earnings in the range of 75 cents to 79 cents per share.

Bioventus shares have climbed 77% since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.18, more than doubling in the last 12 months.

_____

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