Navigation Links
Warner Chilcott Reports Operating Results for the Quarter ended March 31, 2008 and Updates 2008 Full Year Guidance
Date:5/9/2008

Growth of promoted products and reduced operating costs drive solid

earnings growth.

ST. DAVID'S, Bermuda, May 9 /PRNewswire-FirstCall/ -- Warner Chilcott Limited (Nasdaq: WCRX) today announced its results for the quarter ended March 31, 2008. Revenue in the quarter ended March 31, 2008 totaled $229.5 million, an increase of 5.1%, over the prior year quarter. The primary drivers of the increase in revenue were the net sales of our promoted products LOESTRIN 24 FE, DORYX, TACLONEX and FEMCON FE, which together contributed $34.4 million of revenue growth for the quarter ended March 31, 2008 compared to the prior year quarter. The growth delivered by these products was offset primarily by a significant decline in ESTROSTEP FE revenue due to generic competition.

The Company reported net income of $33.7 million ($0.13 per diluted share) in the quarter ended March 31, 2008, compared with a net loss of $4.5 million ($0.02 per diluted share) in the prior year quarter. Cash net income ("CNI") in the quarter ended March 31, 2008 was $82.9 million, an increase of $31.9 million, compared to $51.0 million in the prior year quarter.

References in this release to "cash net income" or "CNI" mean the Company's net income/(loss) adjusted for the after-tax effects of two non-cash items: amortization of intangible assets and amortization (or write-off) of deferred loan costs related to the Company's debt. Reconciliations from the Company's reported results in accordance with US GAAP to cash net income, adjusted cash net income and adjusted EBITDA for all periods are presented in the tables at the end of this press release.

Revenue

Revenue in the quarter ended March 31, 2008 was $229.5 million
'/>"/>

SOURCE Warner Chilcott Limited
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related biology technology :

1. Warner Chilcott Announces Receipt of Paragraph IV Certification Notice
2. Warner Chilcott Announces New Information in USPTO Reexamination of Taclonex Patent
3. Warner Chilcott Announces Earnings Release Date and Conference Call for Third Quarter 2007 Financial Results
4. Warner Chilcott and Watson Pharmaceuticals Announce Launch of Tilia(TM) Fe
5. Warner Chilcott Announces Earnings Release Date and Conference Call for Fourth Quarter and Full Year 2007 Financial Results
6. Warner Chilcott Reports Operating Results for the Quarter and Year ended December 31, 2007
7. Warner Chilcott Reports the Death of Its Director James Andress
8. Mark Whitacre, Ph.D. Promoted at Cypress Systems, Inc. and a Warner Brothers Movie to Be Filmed About Him
9. Warner Chilcott Announces Earnings Release Date and Conference Call for First Quarter 2008 Financial Results
10. EpiCept Reports Expansion of Clinical Development For Licensed Cancer Compound
11. QMed, Inc. Reports July Medicare SNP Enrollments
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/9/2008)...FirstCall/ -- Schering-Plough,Corporation (NYSE: ...,Friday, May 16, 2008, in Memphis, Tenn. At 8 a.m.... the meeting will be available to all interested,p...ering-plough.com ., At the Annual Meeting, Fred H...rs on the company,s performance and the progress b...
(Date:5/9/2008).../ - Oncolytics Biotech Inc.,("Oncolytics") (TSX:ON...patient enrolment in a clinical trial using intrav... with cyclophosphamide, a chemotherapeutic agent,a...ced cancers. The,Principal Investigators are Dr. J...n de Bono and Dr. Kevin Harrington of The Royal Ma...
(Date:5/9/2008)...e International Center for Adult,Stem Cell Educati... announced that,it has officially launched a globa...program at the 3rd International Spinal Cord Injur... Rehabilitation to be held today, May,9th, through...ASCE will be,headquartered in Fort Worth, Texas, w...
(Date:5/9/2008)...swire-FirstCall/ -- China-Biotics,Inc. (OTC Bulle... a leading,Chinese firm specializing in the manufa...bution of probiotics products, today announced it,... Qing Pu, Shanghai., "The new plant which has a 1...rategy. We have put over 1,000 pilings in the grou...
Breaking Biology Technology:Oncolytics Biotech Inc. Starts Patient Enrolment in U.K. Combination REOLYSIN(R)/Cyclophosphamide Trial 2Oncolytics Biotech Inc. Starts Patient Enrolment in U.K. Combination REOLYSIN(R)/Cyclophosphamide Trial 3International Center for Adult Stem Cell Education Debuts at Spinal Cord Injury Symposium in Greece 2China-Biotics, Inc. Completes Foundation for Its New Plant 2
... Wis . -- Spectrum Equity Investors of Boston will... Mortgagebot , a national provider of technology t...ounced that it has completed an $84 million recapi...ction, Michael Kennealy and Benjamin Spero from Sp... Terms of the transaction were not disclosed. , ,"...
... -- Metavante Corp., the financial technology subs...INK2GOV Corp . of Nashville, Tenn., The company wi... and will become a subsidiary of Metavante , with..., the company announced Monday. Terms of the trans...ustomized online phone and point-of-sale payment p...
...is. -- The WiCell Research Institute,s announceme...our-year, $16 million federal contract to create t...n of respect for the state,s pioneering and innova..., in the face of continued Wisconsin legislative o...h forward is anything but simple. , ,Embryonic st...
... Wis. -- Guess which news item is out of step wit...world? , ,• The state of Wisconsin grants $1 ...formed by Dr. James Thomson, a UW-Madison research...cally circle his head. The company has technology ... The National Institutes of Health, the federal go...
Other Biology Technology:Boston equity firm becomes majority owner of Cedarburg-based Mortgagebot 2Metavante acquiring LINK2Gov 2WiCell to host new national stem cell bank 2WiCell to host new national stem cell bank 3WiCell to host new national stem cell bank 4Stem cell bank announcement validates quality of Wisconsin research 2Stem cell bank announcement validates quality of Wisconsin research 3
(Date:5/9/2008)... the duck-billed platypus was published today by a...s about how genomes were organized during the earl... in part by the National Human Genome Research Ins... Health (NIH). , Fans of TV nature shows will r...ustralia, is one of the few mammals that lays eggs...
(Date:5/9/2008)... worlds largest autism advocacy organization annou...boration with North, South and Central America. Th...reness and develop research expertise focusing on ...d enhanced service delivery across the Americas. ,... with countries that have different cultures, leve...
(Date:5/9/2008)... share of grants totalling over 1m to target lung ...lan Bates, a senior lecturer in the Department of ...recipient of 1,068,000 in the form of just two res...l Sciences Research Council (EPSRC) and the other ...earch Council (BBSRC). , The grants are shared b...
(Date:5/8/2008)...(UM) students have received prestigious Graduate R...dation (NSF) for their doctoral work on coral reef...receive three years of support for their work in t...ofessor in the Division of Marine Biology and Fish...pheric Science. In addition, a third student ente...
Breaking Biology News(10 mins):Duck-billed platypus genome sequence published 2Duck-billed platypus genome sequence published 3Duck-billed platypus genome sequence published 4Autism Speaks announces multinational initiative 2Engineer to spearhead research into cell metabolism and medical injuries 2Everything's coming up corals 2Everything's coming up corals 3 Space Radiation a Risk for Astronauts 16893 1 Space Radiation a Risk for Astronauts 16893 2Nanodrop test tubes created with a flip of a switch 2902 1Nanodrop test tubes created with a flip of a switch 2902 2Annual Shareholders Meeting to Be Held May 5 2008 at the University Club in St Paul MN 16886 1Annual Shareholders Meeting to Be Held May 5 2008 at the University Club in St Paul MN 16886 2AUDIO from Medialink and Apple Products Research and Education Council 3A New Research Adults Who Eat Apples Apple Juice Have Healthier Diets and 16881 1
... at the Université de Montréal has concluded that ...t or a night of studying will strongly hurt their ...n the current issue of Neuropsychopharmacology was...t of Psychology at the Université de Montréal. Dr....Hôpital du Sacré-Coeur de Montréal. , "We already...
...looks like something out of an old science fiction... Center in Chicago say it holds promise in the tre...stem, developed by Actuality Systems, Inc., create...ll-color, full-motion system can display images of...n true 3D space. , A study led by Rush, which a...
... led by a University of Utah medicinal chemist hav...r and other diseases from bacteria found in sponge...ublished Sunday, Nov. 5, in Nature Chemical Biolog...that live only in sea squirts and other marine lif...lth of chemicals, which accumulate in the tissues ...
...nding of the evolutionary dynamics of the influenz...d control the virus. In a new study, published onl... Eddie C. Holmes of the Department of Biology at P... National Institutes of Health, the Wordsworth Cen...nomic analysis to investigate the evolutionary pro...
Other Biology News:Negative effects of caffeine are stronger on daytime sleep than on nocturnal sleep 2Preliminary study finds holographic imaging system promising for cancer treatment planning 2Bacteria in small sea life yield new way to make potential cancer drugs 2
All-in-one mix, removes primers and dNTPs from PCR product for following direct sequencing
Silencer Validated siRNA - with sequence information 5 nmol from Ambion
Silencer Pre-designed siRNA, HPLC purified, annealed from Ambion
... are designed to rapidly and reliably amplify unkn.... APAgene provides hassle-free, ready-to use compo...l necessary ingredients are provided in each kit. ...rt-end amplification of large clones such as P1, Y...
Biology Products: