RAMSEY, N.J. (AP) — RAMSEY, N.J. (AP) — Adma Biologics Inc. (ADMA) on Thursday reported second-quarter net income of $32.1 million, after reporting a loss in the same period a year earlier.
The Ramsey, New Jersey-based company said it had profit of 13 cents per share.
The infectious disease drug developer posted revenue of $107.2 million in the period.
Adma Biologics shares have more than doubled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.19, nearly tripling in the last 12 months.
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