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Cambrex Reports Third Quarter 2008 Results
Date:11/4/2008

Interest Expense, net 956 1.7% 1,069 1.9%

Other Expense, net 485 0.8% 548 1.0%

Income Before Income Taxes 3,101 5.5% 1,856 3.4%

Provision for Income Taxes 304 0.6% 4,592 8.4%

Income/(Loss) from Continuing

Operations $2,797 4.9% $(2,736) -5.0%

Income from Discontinued

Operations, Net of Tax - 0.0% 4,229 7.7%

Net Income $2,797 4.9% $1,493 2.7%

Basic Earnings/(Loss) per Share

Income/(Loss) from Continuing

Operations $0.10 $(0.09)

Income from Discontinued

Operations, Net of Tax $- $0.14

Net Income $0.10 $0.05

Diluted Earnings/(Loss) per Share

Income/(Loss) from Continuing

Operations $0.10 $(0.09)

Income from Discontinued

Operations, Net of Tax $- $0.14

Net Income $0.10 $0.05

Weighted Average Shares Outstanding

Basic 29,163 28,934

Diluted 29,178 28,934

CAMBREX CORPORATION

Statement of Profit and Loss

For the Nine Months Ended September 30, 2008 and 2007

(in thousands)

2008 2007

% of % of

Amount Sales Amount Sales

Gross Sales $184,440 100.0% $182,820 100.0%

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

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