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NPS Pharmaceuticals Reports Third Quarter 2007 Financial Results, Revises Financial Guidance
Date:11/1/2007

,744 7,482 17,667 42,405

Restructuring

charges 1,013 2,228 12,252 8,240

Gain on sale of

fixed assets (6,459) - (6,459) -

Gain on sale of

assets held for sale - - (1,826) -

Total operating

expenses 7,749 24,734 55,993 108,577

Operating income

(loss) 21,412 (14,663) (3,726) (84,141)

Other expense, net (7,323) (6,416) (18,136) (14,542)

Income (loss)

before income

tax expense $14,089 $(21,079) $(21,862) $(98,683)

Income tax expense - - - -

Net income

(loss) $14,089 $(21,079) $(21,862) $(98,683)

Net income (loss) per

common and potential

common share:

Basic $0.30 $(0.45) $(0.47) $(2.13)

Diluted $0.28 $(0.45) $(0.47) $(2.13)

Weighted average common

and potential common

shares outstanding:

Basic 46,841 46,435 46,729 46,329

Diluted 52,396 46,435 46,729 46,329

NPS PHARMACEUTICALS, INC. AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(In thousands)

(Unaudited)

September 30, December 31,

2007 2006

Cash, cash equivalents and marketable

investment securities $302,229 $146,152

Current restricted cash and cash equivalents 16,246 21,921

Account r
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SOURCE NPS Pharmaceuticals, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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