BAUDETTE, Minn. _ ANI Pharmaceuticals Inc. (ANIP) on Tuesday reported third-quarter earnings of $5 million.

The Baudette, Minnesota-based company said it had profit of 42 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.29 per share.

The drugmaker posted revenue of $50.7 million in the period.

ANI expects full-year earnings in the range of $4.80 to $5.27 per share, with revenue in the range of $195 million to $205 million.

ANI shares have fallen 20 percent since the beginning of the year. The stock has dropped 17 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANIP at https://www.zacks.com/ap/ANIP