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Pharsight Achieves $7.6 Million In Quarterly Revenue
Date:5/8/2008

---------

Income before

income taxes 670 954 1,830 2,018

Provision for

income taxes (49) (61) (145) (147)

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

Net income 621 893 1,685 1,871

Preferred stock

dividend -- (180) (207) (746)

Deemed dividend from

stock conversion -- -- (6,993) --

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

Net income (loss)

attributable to

common stockholders $621 $713 $(5,515) $1,125

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

Net earnings (loss)

per share

attributable

to common

stockholders:

Basic $0.07 $0.11 $(0.63) $0.17

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

Diluted $0.06 $0.09 $(0.63) $0.16

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

Shares used to

compute net

earnings (loss)

per share

attributable to

common

stockholders:

Basic 9,432 6,646 8,759 6,590

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

Diluted 10,037 9,859 8,759 7,187

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

PHARSIGHT CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

(Unaudited)

March 31, March 31,


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

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11. Pharsight Announces 1-For-3 Reverse Stock Split
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