January 24, 2013 / 12:25 PM / in 5 years

Amerisource Bergen says quarterly earnings rose

(Reuters) - Pharmaceutical distributor AmerisourceBergen Corp (ABC.N) said on Thursday that fiscal first-quarter earnings rose as revenues were boosted by the start of a new contract with a large customer.

    Net income totaled $168.6 million, or 71 cents per share, up from $162 million, or 62 cents per share, a year earlier.

    Operating income in its largest pharmaceutical distribution business fell from a year earlier, due to a shift among customers to less profitable business and disappointing performance in its Canadian business.

    (This story corrects in third paragraph to show operating income decline is for a unit)

    Reporting by Caroline Humer; Editing by Jeffrey Benkoe

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