LNTH - 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.
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Why Lantheus Holdings Stock Skyrocketed Today