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QLT announces first quarter results for 2008
Date:4/25/2008

$ 11,908 $ 20,560

Costs and expenses

Cost of sales 2,130 3,476

Accrued cost of sales re: MEEI(1) 1,093 -

Research and development 8,047 8,428

Selling, general and administrative 6,541 5,312

Depreciation 1,022 1,293

Restructuring charge 7,434 373

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26,267 18,882

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Operating (loss) income (14,359) 1,678

Investment and other (expense) income

Net foreign exchange gains 254 25

Interest income 2,318 3,904

Interest expense (3,028) (1,582)

Other 153 1,152

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(303) 3,499

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(Loss) income from continuing operations

before income taxes (14,662) 5,177

Recovery (provision) for income taxes 2,111 (1,687)

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(Loss) income from continuing operations (12,551) 3,490

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Income from discontinued operations, net of

income taxes
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SOURCE QLT Inc.
Copyright©2008 PR Newswire.
All rights reserved

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