CANONSBURG, Pennsylvania — Mylan Inc. (MYL) on Tuesday reported first-quarter net income of $56.6 million.
The Canonsburg, Pennsylvania-based company said it had profit of 13 cents per share. Earnings, adjusted for non-recurring costs, came to 70 cents per share.
The generic drugmaker posted revenue of $1.87 billion in the period.
Mylan shares have climbed 29 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 1.5 percent. In the final minutes of trading on Tuesday, shares hit $72.89, a climb of 46 percent in the last 12 months.
Keywords: Mylan, Earnings Report