BOSTON (AP) 鈥� BOSTON (AP) 鈥� Vertex Pharmaceuticals Inc. (VRTX) on Monday reported second-quarter profit of $1.1 billion.
On a per-share basis, the Boston-based company said it had net income of $4.31. Earnings, adjusted for one-time gains and costs, came to $4.73 per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.79 per share.
The drugmaker posted revenue of $3.33 billion in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $3.23 billion.
Vertex expects full-year revenue in the range of $13.1 billion to $13.2 billion.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/VRTX
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
