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Mylan Reports a 51% Increase in Third Quarter 2012 Adjusted Diluted EPS to $0.83
Date:10/25/2012

PITTSBURGH, Oct. 25, 2012 /PRNewswire/ -- Mylan Inc. (Nasdaq: MYL) today announced its financial results for the three and nine months ended September 30, 2012.

Financial Highlights

  • Adjusted diluted EPS of $0.83 for the three months ended September 30, 2012 compared to $0.55 for the same prior year period, an increase of 51%
  • Total revenues of $1.81 billion for the three months ended September 30, 2012 compared to $1.58 billion for the same prior year period, an increase of 15%
  • On a GAAP basis, diluted EPS of $0.51 for the three months ended September 30, 2012 compared to $0.36 for the same prior year period, an increase of 42%
  • Adjusted diluted EPS of $1.94 for the nine months ended September 30, 2012 compared to $1.51 for the same prior year period, an increase of 28%
  • Total revenues of $5.09 billion for the nine months ended September 30, 2012 compared to $4.60 billion for the same prior year period, an increase of 11%
  • On a GAAP basis, diluted EPS of $1.13 for the nine months ended September 30, 2012 compared to $0.92 for the same prior year period, an increase of 23%
  • Adjusted operating cash flow of $818 million for the nine months ended September 30, 2012, an increase of 30%. On a GAAP basis, cash flow from operating activities of $652 million for the nine months ended September 30, 2012
  • Mylan Chief Executive Officer, Heather Bresch commented: "Mylan delivered another outstanding quarter of top- and bottom-line growth, with strong double-digit growth in our Specialty, North America, and Asia Pacific businesses and a return to growth in EMEA.  It is notable that we delivered adjusted diluted EPS for this one quarter in excess of our earnings for all of 2008—the first full year following our Matrix and Merck KGaA generics acquisitions—
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    SOURCE Mylan Inc.
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