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Endo Pharmaceuticals Reports Second Quarter Revenues and Updates Financial Guidance, Reflecting the Acquisition of American Medical Systems
Date:8/9/2011

CHADDS FORD, Pa., Aug. 9, 2011 /PRNewswire/ --

  • Total quarterly revenues of $608 million increase 53 percent versus prior year;
  • Reported quarterly diluted EPS of $0.44 versus $0.44 for prior year;
  • Adjusted diluted EPS of $1.05 reflecting growth of 30 percent from 2010;
  • Company increases 2011 revenue guidance to a range of $2.72 to $2.80 billion; and
  • Company increases 2011 adjusted diluted EPS guidance to a range of $4.55 to $4.65 and Reported or GAAP diluted EPS to a range $2.22 to $2.32 reflecting continued strong growth in core operations and the recent acquisition of American Medical Systems.

  • Endo Pharmaceuticals (Nasdaq: ENDP) today reported financial results for the second quarter of 2011.

    Total revenues during the second quarter of 2011 increased 53 percent to $607.6 million, compared with $396.5 million in the same quarter of 2010.  Net income for the three months ended June 30, 2011 was $54.6 million, compared with $51.5 million in the comparable 2010 period.  As detailed in the supplemental financial information below, adjusted net income for the three months ended June 30, 2011, was $128.7 million, compared with $94.7 million in the same period in 2010.  Reported diluted earnings per share for the quarter ended June 30, 2011 were $0.44 compared with $0.44 in the second quarter of 2010. Adjusted diluted earnings per share for the same period were $1.05 compared with $0.81 reported in 2010.($ in thousands, except per share amounts)2nd QuarterSix Months Ended June 3020112010Change20112010ChangeTotal Revenues$607,611

    $396,524

    53%

    $1,167,637

    $760,936

    53%Reported Net Income54,583

    51,460

    6%

    110,370

    111,815

    -1%Reported Diluted EPS0.44

    0.44

    0%

    0.91'/>"/>

    SOURCE Endo Pharmaceuticals
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