Innoviva, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 67.26 million compared to USD 67.26 million a year ago. Net income was USD 82.05 million compared to USD 265.52 million a year ago. Basic earnings per share from continuing operations was USD 1.26 compared to USD 3.81 a year ago. Diluted earnings per share from continuing operations was USD 0.98 compared to USD 2.8 a year ago.
For the nine months, revenue was USD 224.62 million compared to USD 265.54 million a year ago. Net income was USD 118.19 million compared to USD 282.24 million a year ago. Basic earnings per share from continuing operations was USD 1.79 compared to USD 4.05 a year ago. Diluted earnings per share from continuing operations was USD 1.45 compared to USD 3.07 a year ago.