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Barr Reports First Quarter 2008 GAAP Earnings of $0.21 Per Share; Adjusted Earnings of $0.57 Per Share
Date:5/8/2008

inistrative 194 (3) (b),(d),(g) 191

Research and development 64 - 64

Write-off of acquired IPR&D - - -

Earnings from operations 75 53 128

Interest income 5 - 5

Interest expense 32 - 32

Other (expense) income, net (8) - (8)

Earnings before income taxes

and minority interest 40 53 93

Income tax expense 17 14 (h) 31

Minority interest loss - (0) (0)

Net earnings from continuing

operations 23 39 62

Net loss from discontinued

operations, net of taxes - - -

Net earnings $23 $39 $62

Diluted

Earnings per common share -

continuing operations $0.21 $0.57

Earnings per common share -

discontinued operations $- $-

Net earnings per common share

- diluted $0.21 $0.57

Weighted average shares

- diluted 109 109

Three Months Ended March 31, 2007

Adjusted

GAAP Adjustments Earnings

Revenues:

Product sales $560 - $560

Alliance and

development revenue 25 - 25'/>"/>

SOURCE Barr Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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