BEDFORD, Mass. (AP) _ Anika Therapeutics Inc. (ANIK) on Thursday reported third-quarter net income of $558,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the Bedford, Massachusetts-based company said it had net income of 4 cents.

The medical technology company posted revenue of $39.5 million in the period.

Anika shares have dropped slightly more than 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $43.32, an increase of 18% in the last 12 months.

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