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Medline: Q3 Earnings Snapshot
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NORTHFIELD, Ill. (AP) — NORTHFIELD, Ill. (AP) — Medline Inc. (MDLN) on Wednesday reported third-quarter earnings of $195 million.

The Northfield, Illinois-based company said it had net income of 22 cents per share. Earnings, adjusted for one-time gains and costs, were 44 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

The medical supply company posted revenue of $7.86 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $7.69 billion.

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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 MDLN at https://www.zacks.com/ap/MDLN

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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