Allergan Inc. Reveals 61% Rise In Q1 Bottom Line

(RTTNews) - Allergan Inc. (AGN) revealed earnings for its first quarter that rose compared to the same period last year.

The company said its bottom line came in at $1.27 billion, or $3.04 per share. This was higher than $0.79 billion, or $2.65 per share, in last year's first quarter.

The company said revenue for the quarter rose 48.4% to $3.80 billion. This was up from $2.56 billion last year.

Allergan Inc. earnings at a glance:

-Earnings (Q1): $1.27 Bln. vs. $0.79 Bln. last year. -Earnings Growth (Y-o-Y): 60.8% -EPS (Q1): $3.04 vs. $2.65 last year. -EPS Growth (Y-o-Y): 14.7% -Revenue (Q1): $3.80 Bln vs. $2.56 Bln last year. -Revenue Change (Y-o-Y): 48.4%

-Guidance: Full year revenue guidance: $17 Bln