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Cambrex Reports Third Quarter 2008 Results


Diluted Earnings/(Loss) per Share

Income/(Loss) from Continuing

Operations $0.31 $(0.52)

Income from Discontinued

Operations, Net of Tax $- $7.83

Net Income $0.31 $7.31

Weighted Average Shares Outstanding

Basic 29,096 28,575

Diluted 29,101 28,575


Reconciliation of Gross Sales, Gross Profit & Operating Profit

For the Quarters and Nine Months Ended September 30, 2008 and 2007

(in thousands)

Third Quarter 2008


Gross Gross Profit/

Sales Profit GP% (Loss) OP%

Pre-Corporate Results Before

Strat. Alt. & Restructuring

Expenses $56,508 $16,235 28.7% $8,017 14.2%

Corporate Results - - (2,286)

Adjusted Operating Profit 5,731 10.1%

Strat. Alt. & Restructuring

Expenses (1,154)

Equity Modification for

Former Executive (35)

As Reported $56,508 $16,235 28.7% $4,542 8.0%

Third Quarter 2007

Gross Gross Operating

Sales Profit GP% Profit/

(Loss) OP%

Pre-Corporate Results Before

Strat. Alt

SOURCE Cambrex Corporation
Copyright©2008 PR Newswire.
All rights reserved

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