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Hospira Reports Fourth-Quarter and Full-Year 2012 Results
Date:2/13/2013

nts. Economic, competitive, governmental, regulatory, legal, technological, manufacturing supply, quality, modernizing and streamlining activities, and other factors that may affect Hospira's operations and may cause actual results to be materially different from expectations include the risks, uncertainties and factors discussed under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Hospira's latest Annual Report on Form 10-K and subsequent Forms 10-Q, filed with the Securities and Exchange Commission, which are incorporated by reference. Hospira undertakes no obligation to release publicly any revisions to forward-looking statements as the result of subsequent events or developments.Hospira, Inc.Condensed Consolidated Statements of Income (Loss)(Unaudited)(dollars and shares in millions, except for per share amounts)Three Months Ended December 31,% Change20122011Net sales

$
,098.9$
,014.08.4 %Cost of products sold

784.2732.87.0 %Restructuring, impairment and (gain) on disposition of assets, net

20.914.643.2 %Goodwill impairment

—245.2nmResearch and development

84.766.826.8 %Selling, general and administrative

178.3166.96.8 %Total operating costs and expenses

1,068.11,226.3(12.9)%Income (Loss) From Operations

30.8(212.3)114.5 %Interest expense

21.922.4(2.2)%Other expense (income), net

1.7(3.2)153.1 %Income (Loss) Before Income Taxes

7.2(231.5)103.1 %Income tax expense (benefit)

9.9(10.1)198.0 %Equity income from affiliates, net

(8.0)(7.4)8.1 %Net Income (Loss)

$
5.3$
(214.0)102.5 %Earnings (Loss) Per Common Share:Basic

$
.03$
(1.30)102.3 %Diluted

$
.03$
(1.30)102.3 %Weighted Average Common Shares Outstanding:Basic

165.1164.50.4 %Diluted

165.8164.50.8 %Adjusted Gross Profit (1)(2)
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SOURCE Hospira, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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