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Haemonetics: Fiscal Q3 Earnings Snapshot

BOSTON (AP) — BOSTON (AP) — Haemonetics Corp. (HAE) on Thursday reported fiscal third-quarter earnings of $44.7 million.

The Boston-based company said it had net income of 95 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, were $1.31 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.27 per share.

The provider blood management systems for health care providers and blood collectors posted revenue of $339 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $334.2 million.

Haemonetics expects full-year earnings in the range of $4.90 to $5 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAE at https://www.zacks.com/ap/HAE

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