Lantheus Holdings, Inc. (NASDAQ: LNTH) saw its stock prices plummet by 28.58% to hit a new 52-week low due to a tempered growth outlook for the year. The company’s full-year revenue guidance was lowered to $1.475 billion to $1.51 billion, with adjusted EPS targeted at $5.5 to $5.7. In the second quarter, net income grew by 26.9% to $78.8 million, while revenues dropped by 4% to $378 million. Overall, net income in the first half declined by 21% to $151.7 million, and revenues dipped by 1.7% to $750.8 million. Investors are urged to consider other AI stocks for higher returns.
Read more at Yahoo Finance: Lantheus Holdings (LNTH) Dives 28.6% on Tempered Growth Outlook
