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Mylan Reports a 19% Increase in First Quarter 2013 Adjusted Diluted EPS to $0.62
Date:5/2/2013

ction with any subsequent written or oral forward-looking statements that may be made by the Company or by persons acting on its behalf and in conjunction with its periodic SEC filings. In addition, please refer to the cautionary note on forward-looking statements and risk factors set forth in the Company's Annual  Report on Form 10-K for the year ended December 31, 2012, and in its other filings with the SEC. Further, uncertainties or other circumstances, or matters outside of the Company's control between the date of this release and the date that its Form 10-Q for the quarter ended March 31, 2013, is filed with the SEC could potentially result in adjustments to reported results. The Company undertakes no obligation to update statements herein for revisions or changes after the date of this release.

 

 Mylan Inc. and Subsidiaries
Condensed Consolidated Statements of Operations
(Unaudited; in thousands, except per share amounts) Three Months EndedMarch 31,20132012Revenues:Net revenues

$

1,619,408$

1,573,075Other revenues

12,08210,580Total revenues

1,631,4901,583,655Cost of sales

938,000913,426Gross profit

693,490670,229Operating expenses:Research and development

126,48680,959Selling, general and administrative

351,367336,559Litigation settlements, net

1,7902,173Total operating expenses

479,643419,691Earnings from operations

213,847250,538Interest expense

77,98782,409Other income (expense), net

3,398(9,815)Earnings before income taxes and noncontrolling interest

139,258158,314Income tax provision

31,71428,844Net earnings

107,544129,470Net earnings attributable to the noncontrolling interest

(662)(391)Net earnings attributable to Mylan Inc. common shareholders

$

106,882$

129,079Earnings per common share attributable to Mylan Inc. commo
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SOURCE Mylan Inc.
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