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Savient Pharmaceuticals Reports Fourth Quarter and Year-End 2008 Financial Results
Date:2/25/2009

from continuing operations (25,200) (23,556) (89,011) (69,174) Investment income (expense), net (558) 1,926 1,146 8,755 Other income (expense), net 67 (119) (393) (543) Loss from continuing operations before income taxes (25,691) (21,749) (88,258) (60,962) Income tax benefit (1,344) (4,634) (5,017) (11,807) Loss from continuing operations (24,347) (17,115) (83,241) (49,155) Income (loss) from discontinued operations, net of taxes 142 487 (928) 487 Net loss $(24,205) $(16,628) $(84,169) $(48,668) Loss per common share, from continuing operations: Basic and diluted $(0.45) $(0.32) $(1.55) $(0.94) Earnings (loss) per common share, from discontinued operations: Basic and diluted $- $0.01 $(0.02) $0.01 Loss per common share: Basic and diluted $(0.45) $(0.31) $(1.57) $(0.93) Weighted average number of common and common equivalent shares: Basic and diluted 53,694 52,815 53,533 52,461


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SOURCE Savient Pharmaceuticals, Inc.
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