The following are some of the biotech companies that reported quarterly earnings and provided an update on their pipeline progress on Tuesday.
1. Acadia Healthcare Co. Inc. (ACHC), a provider of behavioral healthcare services, reported strong earnings for the first quarter ended March 31, 2022.
Adjusted income from continuing operations attributable to the company jumped to $61.2 million or $0.67 per share from $42.2 million or $0.47 per share in the year-ago quarter. Revenue was $616.7 million for the first quarter of 2022, compared with $551.2 million for the first quarter of 2021.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.