TAMPA, Fla. (AP) _ Pacira Pharmaceuticals Inc. (PCRX) on Wednesday reported first-quarter net income of $6.8 million.

The Tampa, Florida-based company said it had profit of 15 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 64 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

The specialty drugmaker posted revenue of $158 million in the period.

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