Nordion Inc. (NDN.TO, NDZ) reported third-quarter net income of $12.3 million or $0.20 per share, compared to the net loss of $4.1 million or $0.06 per share in the year-ago quarter.
Excluding items, adjusted earnings for the quarter was $15.5 million or $0.25 per share, compared to the adjusted earnings of $9.8 million or $0.15 per share last year.
On average, 3 analysts polled by Thomson Reuters expected the company to earn $0.17 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the latest quarter rose to $67.1 million from $66.8 million last year. Analysts expected revenues of $68.47 million for the quarter.
The company noted that its Board of Directors will declare the quarterly dividend at the regular scheduled Board meeting on September 11.
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