DEERFIELD (dpa-AFX) - Baxter International Inc. (BAX) released its third quarter results on Friday, reporting adjusted earnings that exceeded the company's guidance.
On an adjusted basis, total net income attributable to Baxter was $411 million or $0.80 per share compared to the company's original guidance of $0.77 to $0.79 per share.
Total net income attributable to Baxter on a U.S. GAAP basis was $140 million or $0.27 per share.
In the same quarter last year, total net income attributable to Baxter was $2.51 billion or $4.93 per share, including special items totaling $2.09 billion, primarily related to Baxter's gain upon the divestiture of its BPS business
The company's revenue from continuing operations for the quarter rose 3.8% to $2.699 billion from $2.599 billion last year.
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