RALEIGH, N.C. (AP) _ PRA Health Sciences Inc. (PRAH) on Wednesday reported first-quarter net income of $56.9 million.

On a per-share basis, the Raleigh, North Carolina-based company said it had net income of 86 cents. Earnings, adjusted for one-time gains and costs, were $1.35 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.

The contract research organization posted revenue of $933.8 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $854.9 million.

PRA Health Sciences shares have increased 32% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $166.09, an increase of 84% 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 PRAH at https://www.zacks.com/ap/PRAH

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