Monday, April 9, 2007

UPDATE 1-MedImmune sees 1st-quarter profit nearly tripling

(Reuters) - The Gaithersburg, Maryland-based company said it anticipates first-quarter earnings of 62 cents to 67 cents per share, up from 23 cents a year earlier. The figures exclude share-based compensation expense.

Analysts on average had expected 51 cents a share, according to Reuters Estimates.


Read more at Reuters.com Market News

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