WAYNE, Pa. (AP) _ Teleflex Inc. (TFX) on Thursday reported third-quarter net income of $116.6 million.

The Wayne, Pennsylvania-based company said it had net income of $2.46 per share. Earnings, adjusted for one-time gains and costs, were $2.77 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share.

The medical equipment maker posted revenue of $628.3 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $620.4 million.

Teleflex shares have declined 11% since the beginning of the year. The stock has increased slightly more than 2% in the last 12 months.

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