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Cephalon Reported Record Sales, Adjusted Net Income and Cash From Operations in 2010
Date:2/10/2011

.371.44

1.44Restructuring adjustments0.01

0.010.04

0.04Interest expense adjustments0.21

0.210.85

0.85Tax effect of pre-tax adjustments at the applicable tax rates(0.19)

(0.19)(0.77)

(0.77)Basic adjusted income per common share guidance $1.90

$2.10$8.70

$9.00The company’s guidance is being issued based on certain assumptions including:

  • Adjusted effective tax rate of approximately 33.0% in 2011;
  • Weighted average number of common shares outstanding of 75.8 and 76.4 million shares for the three months ended March 31, 2011 and year ended December 31, 2011, respectively; and
  • No generic competition for AMRIX and FENTORA in 2011.


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    SOURCE Cephalon, Inc.
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