Navigation Links
Shire plc: Strong Third Quarter and Increased Non GAAP Earnings Expectations
Date:10/24/2013

16.5 14% 1% Total revenues 3,673.0 3,480.0 6% 100%

Unaudited results for the three months to September 30, 2013

Non GAAP reconciliation

3 months to September Non 30, 2013 US GAAP Adjustments GAAP (a) (b) (c) (d) (e) $M $M $M $M $M $M $M Total revenues 1,236.6 - - - - - 1,236.6 Costs and expenses: Cost of product sales 197.1 - - - - (11.0) 186.1 R&D 229.1 - - - - (6.3) 222.8 SG&A 441.1 (44.4) - - (8.5) (16.5) 371.7 Gain on sale of product rights (3.6) - - 3.6 - - - Reorganization costs 13.7 - - (13.7) - - - Integration and acquisition costs 18.4 - (18.4) - - - - Depreciation - - - - - 33.8 33.8 Total operating expenses 895.8 (44.4) (18.4) (10.1) (8.5) - 814.4 Operating income 340.8 44.4 18.4 10.1 8.5 - 422.2 Interest income 0.4 - - - - - 0.4 Interest expense (9.0) - - - - - (9.0) Other income, net 0.6 - - - - - 0.6 Total other expense, net (8.0) - - - - - (8.0) Income before income taxes and equity in losses of equity method investees 332.8 44.4 18.4 10.1 8.5 - 414.2 Income taxes (54.3) (14.1) (1.0) (4.2) (3.1) - (76.7) Equity in losses of equity method investees, net of tax (0.3) - - - - - (0.3) Net income 278.2 30.3 17.4 5.9 5.4 - 337.2 Impact of convertible debt, net of tax 7.6 - - - - - 7.6 Numerator for diluted EPS 285.8 30.3 17.4 5.9 5.4 - 344.8 Weighted average number of shares (millions) - diluted 585.7 - - - - - 585.7 Diluted earnings per ADS 146.4c 15.6c 9.0c 3.0c 2.7c - 176.7c

The following items are included in Adjustments:

  1. Amortization and asset impairments: Amortization of intangible assets relating to intellectual property rights acquired ($44.4 million), and tax effect of adjustments;
  2. Acquisition and integration activities: Costs primarily associated with the integration of SARcode and Premacure ($3.7 million), charges related to the change in fair value of contingent consideration ($14.7 million), and tax effect of adjustments;
  3. '/>"/>

SOURCE Shire plc
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29

Related biology technology :

1. Shire to Acquire FerroKin BioSciences, Inc., and its Phase 2 Iron Chelator Treatment
2. Heptares Grants Shire an Exclusive Worldwide Licence to Develop and Commercialise Novel Drug Candidate for CNS Disorders
3. Shire plc: First Quarter 2012 Results Date Notification - April 26, 2012
4. Shire Facebook Page Increases Awareness of Hereditary Angioedema (HAE) in Support of First HAE Awareness Day May 16th
5. Berkshire Corporation Offers Live Chat For Americas Website and Shopping Cart
6. Shire Changes its NASDAQ Ticker Symbol to SHPG
7. Dr. Jeff Jonas Appointed President of Shire Regenerative Medicine Business and Joins Shire Leadership Team
8. Shire and Boston Childrens Hospital Enter Into Broad Research Collaboration
9. Shire Reaches Agreement in Principle With U.S. Government
10. Shire Regenerative Medicine Initiates Phase 3 Study of ABH001 for Patients with Epidermolysis Bullosa
11. Shire to Acquire SARcode Bioscience, Expands Presence in Ophthalmology
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/1/2014)... Oct. 1, 2014 Pfanstiehl has announced ... EP), manufactured in the USA ... long been recognized for playing a key role ... body of evidence that media supplementation with mannose ... protein glycosylation," according to Dr. Christopher Wilcox ...
(Date:10/1/2014)... (PRWEB) September 30, 2014 Today ... initial round of grants for the Brain Research ... that aims to develop and revolutionize new methods ... of the human brain. This first round of ... year 2014 was allocated to more than 100 ...
(Date:10/1/2014)... Award winning unified communications (UC) and ... collaboration bundles that combine next generation communication technologies. ... for low, flat rate fees. With four ... optimized solutions to meet their technology needs. , ... minutes (1K, 5K, 10K increments) or audio minutes ...
(Date:10/1/2014)... (PRWEB) October 01, 2014 The U.S. ... to Southern Illinois University Edwardsville as part of the ... initiative. The funding is co-administered by the Department of ... Biden, Secretary of Labor Thomas E. Perez and Secretary ... million in job-driven training grants to nearly 270 colleges ...
Breaking Biology Technology:Pfanstiehl Launches cGMP-produced Mannose for Cell Culture Media Optimization & Glycoprotein Biosynthesis 2NIH Awards 15 Grants to CHI Members for BRAIN Initiative Research 2NIH Awards 15 Grants to CHI Members for BRAIN Initiative Research 3SoundConnect Launches New Audio, Web and Video Bundles 2U.S. Dept. of Labor Awards SIUE Nearly $10-Million Grant 2U.S. Dept. of Labor Awards SIUE Nearly $10-Million Grant 3U.S. Dept. of Labor Awards SIUE Nearly $10-Million Grant 4
... Society of,Hematology (ASH), the world,s largest professional association ... the 49th ASH Annual,Meeting on December 8-11, 2007, ... meeting will premiere the latest research and treatments ... the premier forum for physicians and,researchers from around ...
... BEIJING and CLAREMONT, Calif., Dec. 5 /Xinhua-PRNewswire-FirstCall/ ... Board: KWBT),announced that under the direction of ... is developing the Kiwa Fertilizer Distribution Network,(Hebei). ... been,established in Hebei to sell Kiwa fertilizer ...
... scheduled for January for lead antibody program ... ... ARIUS Research Inc. (TSX:,ARI), a biotechnology company discovering and developing the next ... and technology transfer agreement for its CD44 Cancer,Stem Cell antibody with Avid ...
Cached Biology Technology:49th Annual Meeting of the American Society of Hematology Will Feature the Latest Research in Blood Diseases 249th Annual Meeting of the American Society of Hematology Will Feature the Latest Research in Blood Diseases 3Kiwa Fertilizer Distribution Network (Hebei) Grows to 900 Terminals 2Kiwa Fertilizer Distribution Network (Hebei) Grows to 900 Terminals 3ARIUS announces manufacturing agreement with Avid Bioservices for CD44 Cancer Stem Cell antibody 2ARIUS announces manufacturing agreement with Avid Bioservices for CD44 Cancer Stem Cell antibody 3
(Date:9/30/2014)... ARLINGTON HEIGHTS, Ill. (September 30, 2014) People who ... they can do to control their asthma besides properly ... to a new article in the Annals of ... the American College of Allergy, Asthma and Immunology (ACAAI), ... by examining their lifestyle. The woman described in the ...
(Date:9/29/2014)... the exposure to tar tended to be lower for ... Similarly, exposure to nicotine tended to be lower. , ... in several countries around the world. Previous studies have ... the smoke of these cigarettes are lower than those ... in the smoke are not necessarily linked to a ...
(Date:9/29/2014)... story from 2009, "human activities in this area of the ... oil is increasingly grown for use as a cooking oil ... It has become the most widely produced edible oil in ... surpass that of soybean oil. , The environmental effects of ... to grow the crop, and the preferred method is fire. ...
Breaking Biology News(10 mins):Asthma symptoms kicking up? Check your exposure to air pollution 2Slim cigarette smokers not exposed to more harmful chemicals 2
... the changing fortunes of human societies in Asia have ... seasonal monsoons. A new paper published online ... that variations in monsoon climate over longer time scales ... the world,s highest. The climate over much of ...
... commonly known that racing cars and bicyclists can reduce ... researchers from New York University and Cornell University have ... as flags. Their study, published in the most recent ... discovered that in a series of flags, the leading ...
... in a virtual world full of flying insects to help ... Media Convergence Lab (MCL) are teaming up with the California-based ... software that can track patients, progress. VRMC obtained ... develop the virtual program, and the company teamed up with ...
Cached Biology News:Sedimentary records link Himalayan erosion rates and monsoon intensity through time 2Sedimentary records link Himalayan erosion rates and monsoon intensity through time 3Lead-flapping objects experience less wind resistance than their trailing counterparts 2Stroke patients soon may have fun, high-tech tool 2
Excellent safety and durability., Remote control can be easily operated in your hand., Constant voltage control with 2 sets of terminals., Precise and durable circuit design. ...
... loading buffer is especially formulated for non-denaturing ... acids. The gel loading solution contains a ... add density and facilitate sample loading. EDTA ... require divalent cations and SDS has been ...
Gel Loading Buffer contains a precipitant to ensure that the samples sink into the wells and a tracking dye to allow the user to follow the progress of electrophoresis....
... Description: 100 g ... 70 kDa YAP from Human/mouse/rat samples. ... Research Focus: ... -20C Shipping ...
Biology Products: