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Depomed Reports Third Quarter 2013 Financial Results

Exchange Commission filings, including the company's Annual Report on Form 10-K for the year ended December 31, 2012 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2013. The inclusion of forward-looking statements should not be regarded as a representation that any of the company's plans or objectives will be achieved. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

August J. Moretti
Depomed, Inc.

Carolyn Hawley
Canale Communications for Depomed
carolyn@canalecomm.comDEPOMED, INC.CONDENSED STATEMENTS OF OPERATIONS (in thousands, except share and per share amounts)Three Months Ended September 30,Nine Months Ended September 30,2013201220132012Revenues:Product sales $




14,994Royalties 15,42212,20144,59931,199License and other revenue 5,76011,3979,48418,033Total revenues 37,46033,28293,59664,226Costs and expenses:Cost of sales 1,7511,7634,9233,723Research and development expense 1,3395,2706,04912,277Selling, general and administrative expense26,37426,83277,70573,625Amortization of intangible assets1,1589583,0821,063Total costs and expenses 30,62234,82391,75990,688Income (loss) from operations 6,838(1,541)1,837(26,462)Other income (expense)(258)57(298)405Benefit from (provision for) income taxes (66)(11)(27)(20)Net income (loss)$




(26,077)Basic net income (loss

SOURCE Depomed, Inc.
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