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Lantheus Holdings' Q3 Adjusted Earnings, Revenue Increase; Updates 2024 Guidance
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Lantheus Holdings' Q3 Adjusted Earnings, Revenue Increase; Updates 2024 Guidance
Nov 6, 2024 5:57 AM

07:57 AM EST, 11/06/2024 (MT Newswires) -- Lantheus Holdings ( LNTH ) reported Q3 adjusted earnings Wednesday of $1.70 per diluted share, up from $1.47 a year earlier.

Analysts polled by Capital IQ expected $1.56.

Revenue for the quarter ended Sept. 30 was $378.7 million, up from $319.9 million a year earlier.

Analysts surveyed by Capital IQ expected $371.7 million.

The company said it now expects 2024 adjusted EPS of $6.65 to $6.70, compared with its prior guidance of $6.60 to $6.70. Analysts surveyed by Capital IQ expect $6.67.

Revenue for the year is now projected to be in the range of $1.51 billion to $1.52 billion, compared with $1.50 billion to $1.52 billion previously. Analysts polled by Capital IQ expect $1.52 billion.

Shares of the company were down more than 6% in recent Wednesday premarket activity.

Price: 107.79, Change: -7.17, Percent Change: -6.24

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