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UBS: Q1 Earnings Snapshot

ZURICH (AP) — ZURICH (AP) — UBS AG (UBS) on Wednesday reported net income of $3.04 billion in its first quarter.

The bank, based in Zurich, said it had earnings of 94 cents per share.

The bank posted revenue of $18.53 billion in the period. Its revenue net of interest expense was $14.24 billion, exceeding Street forecasts.

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