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GeoPharma Announces Record Revenues in Third Quarter Results
Date:2/14/2008

5,853,929 3,742,952 13,400,893 11,011,141

Operating income (loss)

before other income and

expense, minority

interest, income taxes

and discontinued

operations $(2,278,474) $773,477 $(7,083,303) $1,676,915

Other income (expense),

net:

Other income (expense),

net 10,793 (410) 11,318 163,889

Interest income (expense),

net (240,311) (33,790) (313,277) (62,406)

Total other income

(expense), net $(229,518) $(34,200) $(301,959) $101,483

Income (loss) before

minority interest,

income taxes and

discontinued operations $(2,507,992) $739,277 $(7,385,262) $1,778,398

Minority interest benefit

(expense) 202,495 319,998 644,951 984,328

Income tax benefit

(expense) 729,951 (300,000) 2,415,353 (888,000)

Net income (loss) from

continuing operations $(1,575,546) $759,275 $(4,324,958) $1,874,726

Discontinued operations:

Revenues: PBM $-- $-- $2,925,139 $--

Cost of goods sold: PBM -- -- 2,904,274 --

Gross profit: PBM $-- $-- 20,865 $--

Selling, general and

administrative

expenses: PBM -- -- 20,785 --

PBM segment exit income

(expense) -- -- 8,300 --

Discontinued operations

net income (net of

income tax) $-- $-- $8,380 $--

Net income (loss) $(1,575,546) $759,275 $(4,316,578) $1,874,726

Preferred stock dividends 100,001 75,000 308,336 225,000

Net income (loss)

available to common

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SOURCE GeoPharma, Inc.
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