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Onyx Pharmaceuticals Reports 2008 First Quarter Results
Date:5/6/2008

13,183

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Total operating expenses 27,282 18,717

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Income (loss) from operations 10,456 (15,692)

Investment income 5,271 3,497

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Income (loss) before income taxes 15,727 (12,195)

Provision for income taxes 309 -

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Net income (loss) $15,418 $(12,195)

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Net income (loss) per share:

Basic $0.28 $(0.26)

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Diluted $0.27 $(0.26)

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Shares used in computing net income

(loss) per share:

Basic 55,388 46,278

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Diluted 56,566 46,278

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(1) Includes employee stock-based compensation

charges of:

Research and development $580 $525

Selling, general, and administrative 4,636 2,464

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SOURCE Onyx Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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