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United Therapeutics Reports First Quarter 2009 Financial Results
Date:5/1/2009

housands, except per share data) Three Months Ended March 31, 2009 2008 (as adjusted)(1) (unaudited) Revenues: Net product sales $76,858 $59,153 Service sales 2,530 2,227 License fees 342 667 Total revenues 79,730 62,047 Operating expenses: Research and development 20,959 21,076 Selling, general and administrative 29,218 19,331 Cost of product sales 8,066 6,175 Cost of service sales 920 711 Total operating expenses 59,163 47,293 Income from operations 20,567 14,754 Other income (expense): Interest income 1,721 3,716 Interest expense (2,637) (2,792) Equity loss in affiliate (19) (113) Other, net 364 (292) Total other income (expense), net (571) 519 Income before income tax 19,996 15,273 Income tax expense (6,799) (5,337) Net income $13,197 $9,936 Net income per common share: Basic $0.50 $0.44 Diluted
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