Lotus Pharmaceuticals, Inc. Announces Fourth Quarter and Fiscal Year 20... (were $0.9 millionin the fourth quarter o...)

Lotus Pharmaceuticals, Inc. Announces Fourth Quarter and Fiscal Year 2007 Results

Date:4/17/2008

were $0.9 million in the fourth quarter of 2007, compared with $0.1 in the fourth quarter of 2006. General and administrative expenses were $0.4 million, down from $0.7 million a year ago. Operating expenses were 25% of total revenue in the fourth quarter of 2007, up from 24% in the fourth quarter of 2006.

Operating income was $3.4 million, compared with an operating loss of $0.1 million in the fourth quarter of 2006.

Net income for the fourth quarter of 2007 was $5.1 million, or $0.12 per diluted share, compared to loss of $0.1 million, or ($0.00) per fully diluted share, in the fourth quarter of 2006. Adjusting net income for non-cash financing costs associated with its convertible notes, and a one-time forgiveness of income and value added taxes of $2.2 million, adjusted net income was $3.4 million, or $0.08 per fully diluted share, in the fourth quarter of 2007, up 68% from adjusted net income of $2.0 million, or $0.05 per fully diluted share, in the fourth quarter of 2006.

Full Year 2007 Results

For the full year 2007, total revenues were $56.9 million, up 57% from $36.2 million in 2006. Wholesale revenue increased 64% in 2007 $41.7 million, or 73% of total revenue, and includes the effect of a $2.2 million reversal of a sales return allowance originally recorded in 2006. Other revenue increased 62% in 2007 to $11.8 million, or 21% of revenue in 2007. Retail revenue was relatively unchanged at $3.5 million. Gross profit for the full year 2007 was $23.2 million, an increase of 130% from $10.1 million in 2006. Gross margin was 40.8%, up from 27.8% in 2006. Operating income was $11.3 million, up 153% from $4.5 million in 2006. Net income for 2007 was $11.2 million, or $0.26 per diluted share, compared to $4.1 million, or $0.10 per diluted share, in 2006. Adjusting net income for non-cash financing costs associated with its convertible notes, the previously mentioned one-time reversal of a sales allowance and a one-time forgiveness of in
'/>"/>

SOURCE Lotus Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Related medicine news :

1. Lotus Blossom Consulting Announces E-Book on Infertility Treatment Financing
2. Lotus Pharmaceuticals, Inc. Implements Environmentally-friendly Cost Saving Strategies
3. Lotus Pharmaceuticals Raises $5 Million in Private Placement
4. Lotus Pharmaceuticals, Inc. Announces Conference Call to Discuss Fourth Quarter and Fiscal Year 2007 Results
5. Provectus Pharmaceuticals, Inc. Begins Phase 2 Clinical Trial for Metastatic Melanoma
6. Transcept Pharmaceuticals, Inc. to Present at UBS 2007 Global Life Sciences Conference
7. Crystal Research Associates, LLC Issues Executive Informational Overview(R) (EIO(R)) on Tapestry Pharmaceuticals, Inc.
8. Provectus Pharmaceuticals, Inc. releases summary results of phase 1 metastatic melanoma study
9. Transcept Pharmaceuticals, Inc. to Present at 2007 BIO Investor Forum
10. ACG Announces Major Gift by Salix Pharmaceuticals, Inc.
11. Anthera Pharmaceuticals, Inc. Appoints Donald Santel to Board of Directors

Post Your Comments:

(Date:5/26/2013)... May 26, 2013 In the five years ... China has been growing at an average annualized rate ... due to rises in poultry prices as well as output ... people's diets as a healthier alternative to other meats. Additionally, ... China, much lower than the world average. And although pork ...

(Date:5/25/2013)... According to an article in the June 2013 issue ... million Americans tan indoors each year and an unknown number ... health risks. New research suggests that UV rays may ... brains of some tanners (Go to goo.gl/hdwnz). , “There ... say that I fully support this contention from a scientific ...

(Date:5/25/2013)... 2013 An experienced Chandler dentist has ... with JD Media Surge, LLC. , http://www.ChandlerDentalExcellence.com/Teeth-Whitening.php ... and, depending on the treatment, can be performed in ... the best method will be chosen for the individual ... visit. A special peroxide-based whitening gel is used along ...

(Date:5/25/2013)... (HealthDay News) -- Many viruses and parasites that affect ... -- a bacteria-borne illness than can result in liver ... parks, according to a veterinarian. These germs ... the air, said Dr. Susan Nelson, a clinical associate ... of these serious diseases can be fatal, even with ...

(Date:5/25/2013)... (PRWEB) May 25, 2013 Providing patients with ... Diet Doc team of weight management professionals. But, aside from ... and effectively, Diet Doc’s hCG diets also provide ... abuse during childhood like bullying, more control over their lives ... of dealing with the underlying factors of weight gain derived ...

Breaking Medicine News(10 mins):Health News:Poultry Farming Industry in China Industry Research Report – Now Available from IBISWorld 2 Health News:Poultry Farming Industry in China Industry Research Report – Now Available from IBISWorld 3 Health News:Sun Damage – Are UV Rays Addictive? 2 Health News:Chandler Dentist Launches Teeth Whitening Service Page on Website in Partnership with JD Media Surge, LLC 2 Health News:Hidden Dangers Dog Dog Parks 2 Health News:hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Announces hCG Diet Plans for Those Suffering from Abuse-Related Weight Gain 2 Health News:hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Announces hCG Diet Plans for Those Suffering from Abuse-Related Weight Gain 3

[0] Poultry Farming Industry in China Industry Research Report – Now Available from IBISWorld [0] Sun Damage – Are UV Rays Addictive?[0] Chandler Dentist Launches Teeth Whitening Service Page on Website in Partnership with JD Media Surge, LLC [0] Hidden Dangers Dog Dog Parks [0] hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Announces hCG Diet Plans for Those Suffering from Abuse-Related Weight Gain

... By Alan Mozes HealthDay Reporter , WEDNESDAY, ... suicide risk appears to be significantly higher among people ... The latest observation seems to confirm the findings of ... fully explained relationship between higher than average suicide rates ...

... hemorrhagic fever in humans, has no known cure or vaccine. ... scientists has uncovered a family of small molecules which appear ... inhibit its entry into human cells. The results are ... and are now online. Previous studies have shown ...

... Inserm research team in Toulouse, led by Dr Stein ... working with the "Modelling tissue and nociceptive stress" Host ... illusions described by many patients under regional anaesthetic. In ... Anesthesiology , the researchers demonstrated that anaesthetising an arm ...

... News) -- Many U.S. transplant surgeons unnecessarily shun organs ... safeguards that would protect and inform transplant recipients, a ... in the nation "overreacted" to a 2007 case in ... organs from a single donor unknowingly infected with HIV, ...

... January 20, 2011) Cancer scientists led by ... and collaborators at St Jude Children,s Research Hospital (Memphis) ... cells that carry them are organized in a more ... published today in Nature (DOI:10.1038/nature09733), challenge the ...

... By Charnicia Huggins HealthDay Reporter , ... tongue piercing as a form of self-expression, know that ... metal or plastic makes a difference when it comes ... collect more bacteria than plastic studs, potentially increasing the ...

Cached Medicine News:Health News:High Altitude Linked to Higher Suicide Risk -- Again 2 Health News:High Altitude Linked to Higher Suicide Risk -- Again 3 Health News:High Altitude Linked to Higher Suicide Risk -- Again 4 Health News:Small molecules may prevent ebola infection 2 Health News:How does anesthesia disturb self-perception? 2 Health News:Cancer scientists discover genetic diversity in leukemic propagating cells 2 Health News:Cancer scientists discover genetic diversity in leukemic propagating cells 3 Health News:Metal Tongue Piercings Linked to Raised Infection Risks 2 Health News:Metal Tongue Piercings Linked to Raised Infection Risks 3

High Altitude Linked to Higher Suicide Risk -- Again Small molecules may prevent ebola infection How does anesthesia disturb self-perception?Organs From High-Risk Donors Often Shunned, Study Finds Cancer scientists discover genetic diversity in leukemic propagating cells Metal Tongue Piercings Linked to Raised Infection Risks

(Date:5/23/2013)... May 23, 2013 A recently published clinical study ... Houston, Texas , demonstrates that 3D mammography (breast ... detection. The study, "Implementation of Breast ... was led by Stephen L. Rose ... the American Journal of Roentgenology (AJR). The ...

(Date:5/23/2013)... , May 23, 2013 The need to ... treatment continuum was highlighted prominently at the 108 ... Association (AUA), in San Diego. According to SonaCare ... focused ultrasound (HIFU) technology, the need for image-guided ... for urologists to consider minimally invasive ablative treatments, ...

(Date:5/23/2013)... , May 23, 2013 Hologic, Inc. (Hologic ... a leading developer, manufacturer and supplier of premium ... an emphasis on serving the healthcare needs of ... study in a U.S. clinical practice comparing breast ... tomosynthesis) with conventional 2D mammography alone showed a ...

Breaking Medicine Technology:First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams 2 First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams 3 Need for Image Guided Minimally Invasive Ablative Treatments Featured Prominently at American Urological Association (AUA) Annual Meeting 2 Need for Image Guided Minimally Invasive Ablative Treatments Featured Prominently at American Urological Association (AUA) Annual Meeting 3 Need for Image Guided Minimally Invasive Ablative Treatments Featured Prominently at American Urological Association (AUA) Annual Meeting 4 Need for Image Guided Minimally Invasive Ablative Treatments Featured Prominently at American Urological Association (AUA) Annual Meeting 5 Need for Image Guided Minimally Invasive Ablative Treatments Featured Prominently at American Urological Association (AUA) Annual Meeting 6 First Large-Scale Population-Based Study in the U.S. Shows Hologic's 3D Mammography (Breast Tomosynthesis) Significantly Reduces Recall Rates While Simultaneously Improving Cancer Detection 2 First Large-Scale Population-Based Study in the U.S. Shows Hologic's 3D Mammography (Breast Tomosynthesis) Significantly Reduces Recall Rates While Simultaneously Improving Cancer Detection 3 First Large-Scale Population-Based Study in the U.S. Shows Hologic's 3D Mammography (Breast Tomosynthesis) Significantly Reduces Recall Rates While Simultaneously Improving Cancer Detection 4

[0] First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams [0] Need for Image Guided Minimally Invasive Ablative Treatments Featured Prominently at American Urological Association (AUA) Annual Meeting [0] First Large-Scale Population-Based Study in the U.S. Shows Hologic's 3D Mammography (Breast Tomosynthesis) Significantly Reduces Recall Rates While Simultaneously Improving Cancer Detection

... UCB today announced new findings for Vimpat® (lacosamide) ... effects of the antiepileptic drug (AED) as an ... The data demonstrate reduced seizure severity and improvements ... These and other Vimpat® data were presented at ...

... 5, 2011 ForteBio®, Inc., a leading supplier of ... pharmaceutical products, today announced the launch of BLItz™, a ... the first time – to conduct label-free analyses of ... their lab bench. The new platform was unveiled today ...

Long-term Use of Antiepileptic Drug Vimpat® (Lacosamide) C-V Reduced Seizure Frequency and Severity and Improved Health-related Quality of Life Measures ForteBio Introduces BLItz™, a Revolutionary, Micro-volume Label-free Analysis Platform for Personal Assays

This double-up gel dryer system, 200-240 V, includes 2 Model 583 gel dryers, HydroTech™ vacuum pump, and double-up rack....

... The GelAir™ drying system utilizes a hot ... Gels are dried on a clear cellophane support ... to provide a smooth, flat assembly surface for ... four drying frames at once. This 115 V, ...

The GelAir™ dryer is a component of the GelAir drying system. Supplied as a 115 V, 60 Hz gel drying oven....

... The 1000-90 is the most versatile power ... up to 1000 volts or 1250 milliamps ... competition. No other 1000 volt power supply ... for large protein gels or small focusing ...

Medicine Products:

Double-Up Gel Dryer System (220/240 V)GelAir™ Drying System (115 V, 60 Hz)GelAir™ Dryer (115 V, 60 Hz)1000-90 Mid Range Power Supplies - Designed for Maximum Versatility