Lantheus Holdings Stock Surges 19% On Revenue Growth

(RTTNews) - Lantheus Holdings, Inc. (LNTH) is up 18.63 percent during Wednesday trading, rising $16.09 to trade at $94.96 after reporting worldwide revenue of $391.1 million for the fourth quarter, an increase from $354 million a year ago.

The stock opened at $81.00 and has traded between $80.89 and $96.81 today. Volume has reached 1.28 million shares, above its average of 831,286. LNTH's 52-week range is $56.44 to $126.89.

Despite the revenue growth, the company posted a net loss of $11.8 million compared to net income of $103.4 million in the prior-year period.