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ZURICH (AP) — ZURICH (AP) — ABB Ltd. (ABBNY) on Thursday reported first-quarter net income of $1.1 billion.

The Zurich-based company said it had net income of 60 cents per share.

The industrial automation company posted revenue of $7.94 billion in the period.

ABB shares have declined 6% 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 ABBNY at https://www.zacks.com/ap/ABBNY