RTTNews | Oct 29, 2020 07:58AM EDT

07:58 Thursday, October 29, 2020 (RTTNews.com) - Abiomed Inc. (ABMD) released a profit for its second quarter that rose from last year.

The company's bottom line came in at $62.21 million, or $1.36 per share. This compares with $13.07 million, or $0.28 per share, in last year's second quarter.

Analysts had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.3% to $209.76 million from $204.97 million last year.

Abiomed Inc. earnings at a glance:

-Earnings (Q2): $62.21 Mln. vs. $13.07 Mln. last year.-EPS (Q2): $1.36 vs. $0.28 last year.-Analysts Estimate: $0.92-Revenue (Q2): $209.76 Mln vs. $204.97 Mln last year.

-Guidance:Next quarter revenue guidance: $221 - $230 Mln

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