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Pharsight Achieves $7.4 Million in Quarterly Revenue
Date:1/24/2008

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======= ======= ======= =======

Shares used to compute net earnings

per share attributable to common

stockholders:

Basic 9,403 6,595 8,537 6,571

======= ======= ======= =======

Diluted 10,069 7,255 8,537 7,184

======= ======= ======= =======

PHARSIGHT CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

(Unaudited)

December 31, March 31,

2007 2007

---------- ----------

ASSETS

Current assets:

Cash, cash equivalents and

investments $15,071 $14,665

Accounts receivable, net 4,313 3,087

Prepaids and other current assets 424 523

---------- ----------

Total current assets 19,808 18,275

Property and equipment, net 1,434 1,674

Other assets 46 46

Total assets $21,288 $19,995

========== ==========

LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK & STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable $641 $769

Accrued expenses 3,634 3,620

Deferred
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SOURCE Pharsight Corporation
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