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Mylan Reports Adjusted Diluted Cash EPS of $0.11 for the Quarter
Date:2/27/2008

s 799,251 177,230 1,304,313 515,736

Gross profit 356,098 224,531 874,448 608,821

Operating expenses:

Research and development 80,766 22,922 146,063 66,844

Acquired in-process

research and

development 1,269,036 - 1,269,036 -

Selling, general and

administrative 275,703 52,602 449,598 152,784

Litigation settlements,

net (1,171) (34,645) (1,984) (46,154)

Total operating

expenses 1,624,334 40,879 1,862,713 173,474

(Loss) earnings from

operations (1,268,236) 183,652 (988,265) 435,347

Interest expense 133,383 10,491 179,410 31,292

Other (expense)

income, net (43,863) 32,422 86,611 39,785

(Loss) earnings before

income taxes and

minority interest (1,445,482) 205,583 (1,081,064) 443,840

Provision for income

taxes (77,632) 70,138 60,073 155,267

(Loss) earnings before

minority interest (1,367,850) 135,445 (1,141,137) 288,573

Minority interest (272) - (3,112) -

Net (loss) earnings

before preferred

dividend (1,367,578) 135,445 (1,138,025) 288,573

Preferred dividend 15,999 - 15,999 -

Net (loss) earnings

available to common

shareholders $(1,383,577) $135,445 $(1,154,024) $288,573

(Loss) earnings per common

share:

Basic $(5.04) $0.64 $(4.49) $1.37

Diluted $(5.04) $0.63 $(4.49) $1.34

Weighted average common

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SOURCE Mylan Inc.
Copyright©2008 PR Newswire.
All rights reserved

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