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Update: Onyx Pharmaceuticals Reports Record Full Year and Fourth Quarter 2008 Financial Results
Date:2/23/2009

expenses 81,913 43,632 204,743 143,852 -------- ------- -------- ------- Loss from operations (32,263) (17,531) (10,400) (53,423) Investment income 1,999 5,829 12,695 19,256 -------- ------- -------- ------- Income (loss) before income taxes (30,264) (11,702) 2,295 (34,167) Provision (benefit) for income taxes (77) - 347 - -------- ------- -------- ------- Net income (loss) $(30,187) $(11,702) $1,948 $(34,167) ======== ======= ======== ======= Net income (loss) per share: Basic $(0.53) $(0.21) $0.03 $(0.67) ======== ======= ======== ======= Diluted $(0.53) $(0.21) $0.03 $(0.67) ======== ======= ======== ======= Shares used in computing net income (loss) per share: Basic 56,430 55,212 55,915 51,177 ======== ======= ======== ======= Diluted 56,430 55,212 56,765 51,177 ======== ======= ======== ======= (1) Includes employee stock- based compensation charges of: Research and development $1,083 $851 $3,166 $2,897 Selling, general and administrative 3,904 3,010 15,630 11,230 -------- ------- -------- ------- Total employee stock-based compensation $4,987 $3,861 $18,796 $14,127 =====
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SOURCE Onyx Pharmaceuticals, Inc.
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