Why Lantheus Holdings Stock Skyrocketed Today

Lantheus Holdings (NASDAQ: LNTH) had one of the best days of its life on the stock exchange Thursday. The specialty healthcare company saw its shares blast more than 39% higher on the strength of its latest earnings report, published that morning.

For its Q4 of 2021, Lantheus earned just under $130 million in revenue, which was a nearly 38% improvement on a year-over-year basis. Non-GAAP (adjusted) net income saw an even higher leap, nearly quadrupling to over $17 million ($0.25) per share from the year-ago profit of $4.6 million.

Image source: Getty Images.

Continue reading


Source Fool.com