Wednesday, July 25, 2007

Genzyme 2nd-qtr profit rises, raises 2007 outlook

(Reuters) - The Cambridge, Massachusetts-based biotechnology company said net earnings rose to $139.9 million, or 51 cents a share, from $134.5 million, or 49 cents a share, a year before.



Excluding one-time items, the company posted a profit of 88 cents a share. Analysts had expected earnings of 81 cents a share.


Read more at Reuters.com Market News

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