Bergen Brunswig Profits, Revenue Gain 16% for Third Quarter

Bergen Brunswig Corp. posted 16% gains in profits and revenue for the fiscal third quarter.

The company, a distributor of health-care products and services, said net income totaled $22.2 million, or 44 cents a share, for the period ended June 30, up from $19.2 million, or 38 cents a share, for the corresponding period last year. Revenue rose to $2.9 billion from $2.5 billion.

Net income for the nine-month period totaled $60.9 million, or $1.20 a share, which included $5.8 million in merger expenses. That compares with net income of $55.2 million, or $1.10 a share, for the first three quarters of the preceding year. Revenue advanced 18% to $8.6 billion from $7.3 billion.