Navigation Links
Questcor Reports 2010 Financial Results
Date:2/23/2011

In parallel with this NS selling effort, we are currently planning to commence company-sponsored, dose-response clinical trials of Acthar in the treatment of NS, specifically treatment-resistant idiopathic membranous nephropathy (on-label), and diabetic nephropathy (not-on label)."

Net sales increased 13.1 percent during the fourth quarter of 2010, to $29.3 million from $25.9 million in the fourth quarter of 2009.  The Company often receives large orders from its exclusive distributor for Acthar; the timing of these orders at the end of any quarter can significantly affect net sales and net income in any particular quarter. For example, the Company filled an order for 90 vials on the last day of the third quarter of 2010 and received an order for 120 vials on the first day of the first quarter of 2011. For this reason, as well as other factors causing quarter-to-quarter variability in Questcor's operating results, the Company believes that investors should consider net sales and net income over several quarters when analyzing the Company's financial performance. Fourth quarter 2010 operating expenses increased by $4.6 million from the third quarter of 2010 due to the significant expansion of the MS sales force and costs associated with several major conferences and meetings held during the fourth quarter.

GAAP and Non-GAAP Net IncomeNon-GAAP net income for the quarter ended December 31, 2010 was $8.0 million, or $0.12 per diluted common share.  Questcor defines Non-GAAP net income as GAAP net income plus the after-tax impact of the following non-cash items:

  • Beginning in 2011, due to tax law changes, Questcor's California state income taxes will be significantly reduced. Therefore, the Company does not anticipate generating sufficient California state income to be able to utilize its California state net operating loss carry-forward (NOL).  As a result, the Company must establish a valuation allowance with respect to this NOL
    '/>"/>

  • SOURCE Questcor Pharmaceuticals, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

    Related medicine technology :

    1. Questcor to Report Fourth Quarter and Full Year 2010 Earnings and Conduct Conference Call on February 23, 2011
    2. Questcor Pharmaceuticals Reports Strong Finish to 2010
    3. Questcor Pharmaceuticals to Present at the 29th Annual J.P. Morgan Healthcare Conference on Monday, January 10, 2011
    4. Questcor Pharmaceuticals to Present at the 29th Annual J.P. Morgan Healthcare Conference
    5. Questcor to Present at the Maxim Group Growth Conference
    6. Questcor Reports Third Quarter 2010 Results
    7. Questcor to Present at the 21st Annual Oppenheimer Healthcare Conference
    8. Questcor Teams With Child Neurology Foundation (CNF) to Fund Infantile Spasms Scientific Research
    9. Questcor and Child Neurology Foundation Support the 2nd Annual Infantile Spasms (IS) Awareness Week
    10. Questcor to Present at UBS Global Life Sciences Conference
    11. Mitchell J. Blutt, M.D. Appointed to Questcor Board of Directors
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:1/22/2015)... UPI ), a medical device company that develops, ... dysfunctions, today reported financial results for the fiscal 2015 ... for the Company,s Urgent ®  PC Neuromodulation System grew ... as compared to $3.9 million in the third quarter ...
    (Date:1/22/2015)... Jan. 22, 2015  Amgen (NASDAQ: AMGN ) today announced ... financial results on Tuesday, Jan. 27, 2015, after the close of ... conference call with the investment community at 2 p.m. PT. Participating ... , chairman and chief executive officer, and other members of Amgen,s ...
    (Date:1/22/2015)... Increasing sophistication among enterprise buyers of language services ... 2015, says Moravia CMO, Renato Beninatto ... market research firm Common Sense Advisory, 15 percent of ... and localization needs. "From a language industry perspective, this ...
    Breaking Medicine Technology:Uroplasty Reports Record Revenue in Fiscal Third Quarter 2Uroplasty Reports Record Revenue in Fiscal Third Quarter 3Uroplasty Reports Record Revenue in Fiscal Third Quarter 4Uroplasty Reports Record Revenue in Fiscal Third Quarter 5Uroplasty Reports Record Revenue in Fiscal Third Quarter 6Uroplasty Reports Record Revenue in Fiscal Third Quarter 7Uroplasty Reports Record Revenue in Fiscal Third Quarter 8Uroplasty Reports Record Revenue in Fiscal Third Quarter 9Uroplasty Reports Record Revenue in Fiscal Third Quarter 10Uroplasty Reports Record Revenue in Fiscal Third Quarter 11Uroplasty Reports Record Revenue in Fiscal Third Quarter 12Uroplasty Reports Record Revenue in Fiscal Third Quarter 13Uroplasty Reports Record Revenue in Fiscal Third Quarter 14Uroplasty Reports Record Revenue in Fiscal Third Quarter 15Uroplasty Reports Record Revenue in Fiscal Third Quarter 16Uroplasty Reports Record Revenue in Fiscal Third Quarter 17Uroplasty Reports Record Revenue in Fiscal Third Quarter 18Amgen Announces Webcast of 2014 Fourth Quarter and Full Year Financial Results 2Moravia Sees Single-Sourcing as Key Localization Trend in 2015 2
    ... 25, 2011 Prolong Pharmaceuticals, which in October secured ... group, today announced the signing of a long term ... Jersey and the formal addition of Dr. Hemant Misra ... Manufacturing and Facilities Operations. The manufacturing ...
    ... announces that a new market research report is available ... for Assisted Living Technologies ... European markets for assisted living technologies, presenting the market ... on competitive and technology trends present in various sector ...
    Cached Medicine Technology:Prolong Pharmaceuticals Leases 24,000-Square-Foot Manufacturing Facility, Adds Facilities Veteran to Executive Team 2
    (Date:1/22/2015)... Angelweddingdress is a famous wedding dress company offering many ... it on Facebook, Twitter, and Pinterest. The fans will have ... a lottery every week. , Moreover, the company has extended ... Angelweddingdress homepage for more information. , Angelweddingdress ...
    (Date:1/22/2015)... A new white paper by The ... in the long-term care environment as well as provides ... The paper, “The Power of Person-Centeredness in Long-Term Care: ... of the patient, resident and family experience in long-term ...
    (Date:1/22/2015)... NJ (PRWEB) January 22, 2015 Joan ... and keynote speaker at the upcoming 32nd Annual ... ACCME-accredited Physicians’ Education Resource®, LLC (PER®) , shares ... would have gone undetected if she had not followed ...
    (Date:1/22/2015)... Four years since the release of their debut recording Love is ... Avasa & Matthew Love – the duo are pleased to announce ... White Swan Records on February 24, 2015. , THE ROAD offers ... to all of us to walk out of the mire of ...
    (Date:1/22/2015)... Compare-autoinsurance.org has released a new blog post presenting a list of ... . , Some types of vehicles cannot be covered under ... blog post to see if their vehicle qualifies for auto insurance ... of the cars that cannot be covered by a plan. Clients ...
    Breaking Medicine News(10 mins):Health News:Angelweddingdress Invites Its Customers To Follow It On Facebook, Twitter, And Pinterest 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 3Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 2Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 3Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 4Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 5Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 6Health News:THE ROAD by Avasa & Matthew Love -- A New Album 2Health News:THE ROAD by Avasa & Matthew Love -- A New Album 3Health News:THE ROAD by Avasa & Matthew Love -- A New Album 4Health News:Some Vehicles Cannot Be Covered By An Auto Insurance Policy! 2
    ... are suffering from preventable levels of disability, particularly blindness, ... tumours. A new study by scientists at The ... by the Samantha Dickson Brain Tumour Trust, shows ... survivors of childhood brain tumours up to 10 times ...
    ... , , LEAWOOD, Kan., ... and only FDA-approved microsphere-enhanced collagen filler for the correction of smile ... M.A. has been an avid Artefill user the past several years ... correction of wrinkles. , , She commented, ...
    ... , , , ... technologies for community and hospital care, today announced the launch of a ... gelling foam dressing. , , Backed up ... how healthcare professionals can " Expect More" with Versiva ((R)) ...
    ... financing, delivery of care are needed to close gaps, ... Even if Congress extends health coverage to the nation,s ... will have access to care -- unless payment reforms ... say. , Significantly expanding coverage without reforming health-care delivery ...
    ... , CENTENNIAL, Colo., Aug. 7 AlloSource, ... tissue allografts for use in surgical procedures, announced today that for the ... Healthcare category of the Top Company awards program hosted by ColoradoBiz ... hosting the business awards program for the 22nd consecutive year. The primary ...
    ... MECHANICSBURG, Pa., Aug. 7, One trauma center in Pennsylvania has been upgraded ... for the period from October 1, 2009 through September 30, 2010: , ... York , PA , , ... Emergency Medical Services Act (Act 1985-45). The PTSF is the organization responsible ...
    Cached Medicine News:Health News:Delays in UK child brain tumor diagnosis 2Health News:Midwest Medical Aesthetics Helps Defy Nature and Wrinkles with Artefill 2Health News:Midwest Medical Aesthetics Helps Defy Nature and Wrinkles with Artefill 3Health News:ConvaTec Launches Versiva(R) XC(R) Campaign and Best Practice Statement 2Health News:ConvaTec Launches Versiva(R) XC(R) Campaign and Best Practice Statement 3Health News:ConvaTec Launches Versiva(R) XC(R) Campaign and Best Practice Statement 4Health News:ConvaTec Launches Versiva(R) XC(R) Campaign and Best Practice Statement 5Health News:Expanding Health Coverage May Not Improve Access 2Health News:Expanding Health Coverage May Not Improve Access 3Health News:AlloSource Chosen as Healthcare Finalist in 2009 'Top Companies' 2Health News:AlloSource Chosen as Healthcare Finalist in 2009 'Top Companies' 3Health News:York Hospital Trauma Center Upgrade 2
    ... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
    ... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
    ... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
    ... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
    Medicine Products: