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Barr Reports First Quarter 2008 GAAP Earnings of $0.21 Per Share; Adjusted Earnings of $0.57 Per Share

extent required under applicable law.

Barr Pharmaceuticals, Inc. Selected Financial Data

(in millions, except per share amounts)

Three Months Three Months

Ended Ended

March 31, March 31,

2008 2007


Product sales $565 $560

Alliance and development revenue 32 25

Other revenue 11 12

Total revenues 608 597

Costs and expenses:

Cost of sales 275 300

Selling, general and administrative 194 179

Research and development 64 62

Write-off of acquired IPR&D - 2

Earnings from operations 75 54

Interest income 5 11

Interest expense 32 42

Other (expense) income (8) 1

Earnings before income taxes and

minority interest 40 24

Income tax expense 17 10

Minority interest - (1)

Net earnings from continuing

operations 23 13

Net loss from discontinued

operations, net of tax - (1)

Net earnings

SOURCE Barr Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
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