QLT announces first quarter result...(----------------------------------------...),Health

Date:4/28/2009

-------------------------------------------------------------------- ------------------------------------------------------------------------- Basic net income (loss) per common share Continuing operations $ 0.02 $ (0.12) Discontinued operations - (0.02) ------------------------------------------------------------------------- Net income (loss) $ 0.02 $ (0.14) Diluted net income (loss) per common share Continuing operations $ 0.02 $ (0.12) Discontinued operations - (0.02) ------------------------------------------------------------------------- Net income (loss) $ 0.02 $ (0.14) Weighted average number of common shares outstanding (in thousands) Basic 61,287 74,620 Diluted 61,287 74,620 ------------------------------------------------------------------------- (1) Includes amount accrued on Visudyne sales pursuant to judgment rendered in the MEEI litigation. QLT Inc. CONDENSED CONSOLIDATED BALANCE SHEETS ------------------------------------- (In accordance with United States generally accepted accounting principles) March 31, December 31, (In thousands of United States dollars) 2009 2008 ------------------------------------------------------------------------- (Unaudited) ASSETS Current assets Cash and cash equivalents $ 130,149 $ 165,395 Restricted cash 124,847 124,578 Accounts receivable 2
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SOURCE QLT Inc. Copyright©2009 PR Newswire. All rights reserved

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