Novartis: Q1 Earnings Snapshot FacebookTwitterEmail BASEL, Switzerland (AP) _ Novartis AG (NVS) on Tuesday reported first-quarter net income of $2.06 billion. The Basel, Switzerland-based company said it had net income of 91 cents per share. Earnings, adjusted for non-recurring costs, were $1.52 per share. The drugmaker posted revenue of $12.41 billion in the period. Novartis shares have decreased 7% since the beginning of the year. The stock has fallen slightly more than 1% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVS at https://www.zacks.com/ap/NVS