BASEL, Switzerland (AP) _ Novartis AG (NVS) on Tuesday reported third-quarter earnings of $2.76 billion.

The Basel, Switzerland-based company said it had net income of $1.22 per share. Earnings, adjusted for non-recurring costs, came to $1.71 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.

The drugmaker posted revenue of $13.03 billion in the period.

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