Lantheus reports revenue increases for Q4, 2019

2019 10 31 18 11 2421 Graph Financial Results Tablet 400

Lantheus Medical Imaging parent Lantheus Holdings has reported growth in 2019 fourth-quarter and full-year revenues, although its net income declined.

For the quarter (end-December 31, 2019), Lantheus reported worldwide revenue of $89.3 million, up 3.6% from $86.3 million in the fourth quarter of 2018. The company had fourth-quarter net income of $10.5 million, down from $13.3 million in the same period of 2018.

For the year, Lantheus posted $347.3 million in worldwide revenue, up 1.2% from the $343.4 million reported in 2018. The company had a full-year 2019 net income of $31.7 million, a decrease compared with $40.5 million in 2018.

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