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ABB: 1Q Earnings Snapshot

ZURICH (AP) _ ABB Ltd. (ABB) on Thursday reported first-quarter earnings of $572 million.

The Zurich-based company said it had net income of 27 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 31 cents per share.

The industrial automation company posted revenue of $8.63 billion in the period.

ABB shares have declined 13 percent since the beginning of the year.

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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 ABB at https://www.zacks.com/ap/ABB