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

legal costs ($18.0 million), and tax effect of adjustments; and
  • Depreciation reclassification: Depreciation of $93.3 million included in Cost of product sales, R&D costs and SG&A costs for US GAAP separately disclosed for the presentation of Non GAAP earnings.


  • Unaudited results for the nine months to September 30, 2012

    Non GAAP reconciliation

    9 months to Non September 30, 2012 US GAAP Adjustments GAAP (a) (b) (c) (d) (e) $M $M $M $M $M $M $M Total revenues 3,480.0 - - - - - 3,480.0 Costs and expenses: Cost of product sales 478.8 - - - - (23.6) 455.2 R&D 683.6 (27.0) (23.0) - - (18.3) 615.3 SG&A 1,448.4 (146.6) - - (40.4) (42.3) 1,219.1 Gain on sale of product rights (16.5) - - 16.5 - - - Integration and acquisition costs 15.1 - (15.1) - - - - Depreciation - - - - - 84.2 84.2 Total operating expenses 2,609.4 (173.6) (38.1) 16.5 (40.4) - 2,373.8 Operating income 870.6 173.6 38.1 (16.5) 40.4 - 1,106.2 Interest income 2.3 - - - - - 2.3 Interest expense (29.0) - - - - - (29.0) Other income, net 3.6 - - - - - 3.6 Total other expense, net (23.1) - - - - - (23.1) Income before income taxes and equity in earnings of equity method investees 847.5 173.6 38.1 (16.5) 40.4 - 1,083.1 Income taxes (144.6) (42.0) (10.1) - (14.5) - (211.2) Equity in earnings of equity method investees, net of tax 0.5 - - - - - 0.5 Net income 703.4 131.6 28.0 (16.5) 25.9 - 872.4 Impact of convertible debt, net of tax 23.7 - - - - - 23.7 Numerator for diluted EPS 727.1 131.6 28.0 (16.5) 25.9 - 896.1 Weighted average number of shares (millions) - diluted 594.0 - - - - - 594.0 Diluted earnings per ADS 367.2c 66.6c 14.1c (8.4c) 13.2c - 452.7c

    The following items are included in Adjustments:

    1. Amortization and asset impairments: Impairment of IPR&D intangible assets for RESOLOR ($27.0 million), amortization of intangible assets relating to intellectual property rights acquired ($146
      '/>"/>

    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:12/24/2014)... , Dec. 24, 2014  United Therapeutics Corporation ... Medtronic, Inc. (NYSE: MDT ) has ... Food and Drug Administration (FDA) for the use ... infusion system (including a newly developed catheter) for ... Injection delivered intravenously to patients with pulmonary arterial ...
    (Date:12/24/2014)... GMO corn cases filed across the United ... the process of being consolidated in a Kansas federal ... Re: Syngenta AG MIR 162 Corn Litigation, MDL No. ... of Kansas. , Management of the Syngenta GMO corn ... District Judge John W. Lungstrum.* , As a Missouri ...
    (Date:12/24/2014)... December 23, 2014 The ... such as its definition, classification, application and ... specification, manufacturing process, and product cost structure. ... applications. The analysis also covers upstream raw ... industry development trend and proposals. In the ...
    (Date:12/24/2014)... AUSTIN, Texas , Dec. 23, 2014 /PRNewswire/ ... solutions company focused on gynecologic disease, announced today ... W. Schuler , Birchview Fund LLC and several ... million of unregistered shares of Vermillion,s common stock ... common stock in a private placement.  ...
    Breaking Biology Technology:United Therapeutics Announces Submission Of Pre-Market Approval Application For Implantable Drug Infusion System To Deliver Remodulin 2United Therapeutics Announces Submission Of Pre-Market Approval Application For Implantable Drug Infusion System To Deliver Remodulin 3United Therapeutics Announces Submission Of Pre-Market Approval Application For Implantable Drug Infusion System To Deliver Remodulin 4Carey Danis & Lowe Reports on Syngenta GMO Corn Transfer Order 2Worldwide Methyl Mercaptan Market 2015-2020 Forecasts on Development & Trends Now Available at ReportsnReports.com 2Vermillion Announces Equity Financing of up to $18.9 Million; Suspends ATM Program 2Vermillion Announces Equity Financing of up to $18.9 Million; Suspends ATM Program 3Vermillion Announces Equity Financing of up to $18.9 Million; Suspends ATM Program 4Vermillion Announces Equity Financing of up to $18.9 Million; Suspends ATM Program 5
    ... FRANCISCO, December 13 Synosia Therapeutics today,announced the ... new,chief business officer, effective immediately., Dr Blanc, ... in Basel,Switzerland, joins from Syngenta, where he created ... by training and an,experienced biotech entrepreneur, Dr. Blanc ...
    ... N.J., Dec. 12 Datascope Corp.,(Nasdaq: DSCP ... one of the nation,s,leading independent proxy advisory firms, ... James J. Loughlin and William,L. Asmundson -- at ... 20, 2007. To follow Glass Lewis, recommendation,Datascope shareholders ...
    ... -- Record revenues of $82.0 million, up 22% from the prior year,s fourth ... quarter ... over last year,s ... debt facility paid off, -- Launch of four new food and beverage products and one new pregnancy and ...
    Cached Biology Technology:Synosia Therapeutics Announces Appointment of Chief Business Officer 2Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 2Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 3Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 4Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 5Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 6Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 7Martek Announces Fourth Quarter and FY 2007 Financial Results 2Martek Announces Fourth Quarter and FY 2007 Financial Results 3Martek Announces Fourth Quarter and FY 2007 Financial Results 4Martek Announces Fourth Quarter and FY 2007 Financial Results 5Martek Announces Fourth Quarter and FY 2007 Financial Results 6Martek Announces Fourth Quarter and FY 2007 Financial Results 7Martek Announces Fourth Quarter and FY 2007 Financial Results 8Martek Announces Fourth Quarter and FY 2007 Financial Results 9Martek Announces Fourth Quarter and FY 2007 Financial Results 10Martek Announces Fourth Quarter and FY 2007 Financial Results 11Martek Announces Fourth Quarter and FY 2007 Financial Results 12Martek Announces Fourth Quarter and FY 2007 Financial Results 13Martek Announces Fourth Quarter and FY 2007 Financial Results 14Martek Announces Fourth Quarter and FY 2007 Financial Results 15
    (Date:12/19/2014)... , Dec. 18, 2014 Research and Markets ... the "Micro Market Monitor: North America Perimeter Security ... http://photos.prnewswire.com/prnh/20130307/600769 The North ... a CAGR of 3.6% from 2014 to 2019. Although ... market, Canada is expected to ...
    (Date:12/17/2014)... Dec. 15, 2014  HITLAB SM announced ... (GCP) audit to confirm its adherence to current ... accomplishment enables HITLAB to conduct regulated smart device ... principles for patient safety and research quality. ... access, quality, and delivery with innovative technology," said ...
    (Date:12/11/2014)... --Research and Markets , ... ) has announced the addition of the ... to their offering. One major ... technology. With continuous advances in technology, it is ... standard that meets the needs and expectations of ...
    Breaking Biology News(10 mins):Micro Market Monitor: North America Perimeter Security Systems Market (Intrusion Detection Sensor, Video Surveillance, Communication/Alarm and Notification, Access Control System) 2Micro Market Monitor: North America Perimeter Security Systems Market (Intrusion Detection Sensor, Video Surveillance, Communication/Alarm and Notification, Access Control System) 3HITLAB Completes GCP Audit for FDA Smart Device & App Compliance 2Biometrics Market in the APAC Region 2015-2019: Key Vendors are 3M Cogent, NEC, Safran and Suprema 2
    ... and toxinologist Zoltan Takacs, PhD, a research associate ... has been named to the 2010 class of ... interest in drug development with exotic travel, venomous ... "visionary, young trailblazers" from around the world making ...
    ... MBL, WOODS HOLE, MAMitchell Sogin of the Marine Biological Laboratory ... from Ion Torrent of Guilford, Conn., and San Francisco. ... Ion PGM sequencer, a DNA sequencing system that directly translates ... 1) on a semiconductor chip. The result is a sequencing ...
    ... 2010 Grazinglands represent one of the largest land resources ... sources of greenhouse gases is essentially unknown. Previous research has ... atmospheric carbon dioxide as soil organic carbon. However, there is ... flux of two potent GHGs, nitrous oxide and methane. ...
    Cached Biology News:National Geographic names University of Chicago researcher an 'Emerging Explorer for 2010' 2National Geographic names University of Chicago researcher an 'Emerging Explorer for 2010' 3National Geographic names University of Chicago researcher an 'Emerging Explorer for 2010' 4MBL scientist awarded next-generation DNA sequencer to monitor water quality 2How grazing lands influence greenhouse gas 2
    ... cooling coil, Trans-Blot cell, provides ... high-intensity, and extended electrophoretic transfer ... Trans-Blot cell. Use of the ... to an external water recirculator, ...
    ... of next-generation features into a small-footprint design, ... flexible laboratory solutions. It puts every aspect ... dispensing, and integrations into a single, ... as it is efficient and economical. The ...
    ... Biomek FX P is the latest entry ... for greater positional accuracy and increased robustness, it ... application. It can be configured with either one ... capacity, the Biomek FX P sets the ...
    These Costar 96-well, flat-bottom polystyrene EIA plates are used for EIAs, ELISAs, and other protein binding assays. Supplied as box of 100 (20 packages; 5 plates per package)....
    Biology Products: