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Hospira Reports First-Quarter 2009 Results
Date:4/28/2009

====== ====== Diluted 160.6 161.0 (0.2)% ====== ====== Adjusted Gross Profit (1)(2) $339.6 $337.5 0.6 % Adjusted Income From Operations (1) $149.9 $145.2 3.2 % Adjusted Net Income (1) $96.8 $87.9 10.1 % Adjusted Diluted Earnings Per Share (1) $0.60 $0.55 9.1 % Statistics (as a % of net sales, except for income tax rate): Three Months Ended Three Months Ended March 31, 2009 March 31, 2008 ---------------------- ---------------------- GAAP Adjusted (1) GAAP Adjusted (1) ------ ------------ ------ ------------ Gross Profit (2) 37.2 % 39.5 % 35.7 % 38.0 % Income From Operations 13.3 % 17.4 % 12.6 % 16.3 % Net Income 19.3 % 11.3 % 7.4 % 9.9 % Income Tax Rate (87.8)% 21.5 % 22.5 % 25.5 % (1) The Non-GAAP financial measures contained in this press release (gross profit, income from operations, net income, and diluted Earnings Per Share) adjust for items that are unusual or nonrecurring. Unusual or nonrecurring items can be highly variable, difficult to predict, and of a size that may substantially impact Hospira's reported results for a period. Management believes that Non-GAAP financial measures can facilitate a complete analysis of Hospira's results of operations, particularly in evaluating performance over time. Management uses these Non-GAAP financial measures internally in financial planning, to monitor business unit performance, and in evaluating managem
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SOURCE Hospira, Inc.
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