May 9, 2018 / 11:38 AM / 6 months ago

Mylan's quarterly profit rises 31 percent

May 9 (Reuters) - Drugmaker Mylan NV’s first-quarter earnings rose 31 percent, helped by lower operating costs and a more than $70 million income tax gain.

Mylan said on Tuesday net income rose to $87.1 million or 17 cents per share in the three months ended March 31, compared with $66.4 million or 12 cents per share, last year.

Revenue fell to $2.68 billion from $2.72 billion. (Reporting by Tamara Mathias in Bengaluru; Editing by Sai Sachin Ravikumar)

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