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PDL BioPharma Announces Second Quarter 2009 Financial Results
Date:7/30/2009

------ ------ ------ ------ Income from continuing operations before income taxes 118,422 96,519 173,113 135,307 Income tax expense 41,185 1,673 58,419 2,707 ------ ----- ------ ----- Income from continuing operations 77,237 94,846 114,694 132,600 Loss from discontinued operations, net of income taxes (1) - (60,914) - (160,543) ------- ------- -------- -------- Net income (loss) $77,237 $33,932 $114,694 $(27,943) ======= ======= ======== ======== Income (loss) per basic share Continuing operations $0.65 $0.80 $0.96 $1.12 Discontinued operations - (0.51) - (1.36) ----- ----- ----- ----- Net income (loss) per basic share $0.65 $0.29 $0.96 $(0.24) ===== ===== ===== ====== Income (loss) per diluted share Continuing operations $0.47 $0.63 $0.69 $0.90 Discontinued operations - (0.39) - (1.06) ----- ----- ----- ----- Net income (loss) per diluted share $0.47 $0.24 $0.69 $(0.16) ===== ===== ===== ====== Cash dividends declared per common share $- $- $1.00 $- === === ===== === Shares used to compute income (loss) per basic share 119,357 118,827 119,342
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SOURCE PDL BioPharma, Inc.
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