DANVERS, Mass. (AP) _ Abiomed Inc. (ABMD) on Tuesday reported fiscal second-quarter net income of $106.1 million.

On a per-share basis, the Danvers, Massachusetts-based company said it had profit of $2.32. Earnings, adjusted for non-recurring gains, came to $1.30 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.

The maker of heart devices posted revenue of $265.9 million in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $273.3 million.

Abiomed shares have fallen 30% since the beginning of the year. The stock has fallen 24% in the last 12 months.

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

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