CAMBRIDGE, Britain (AP) _ Astrazeneca PLC (AZN) on Friday reported second-quarter net income of $360 million.

The Cambridge, Britain-based company said it had profit of 12 cents per share. Earnings, adjusted for non-recurring costs, came to 86 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.

The pharmaceutical posted revenue of $10.77 billion in the period.

Astrazeneca shares have risen 15% since the beginning of the year. The stock has climbed 17% in the last 12 months.

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