News

Medicure posts 1st-quarter profit of $577,000

WINNIPEG – WINNIPEG, Manitoba (AP) _ Medicure Inc. (MCUJF) on Wednesday reported profit of $577,000 in its first quarter.

On a per-share basis, the Winnipeg, Manitoba-based company said it had profit of 4 cents.

The drugmaker posted revenue of $4.4 million in the period.

In the final minutes of trading on Wednesday, the company’s shares hit $4. A year ago, they were trading at $1.92.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCUJF at http://www.zacks.com/ap/MCUJF

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Keywords: Medicure, Earnings Report