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Questcor Reports Fourth Quarter and Full Year 2012 Results
Date:2/26/2013

ility lawsuits;
  • Unforeseen business interruptions and security breaches;
  • Volatility in Questcor's monthly and quarterly Acthar shipments, estimated channel inventory, and end-user demand, as well as volatility in our stock price;
  • Our ability and willingness to continue to pay our quarterly dividend or make future increases in our quarterly dividend; and
  • Other risks discussed in Questcor's annual report on Form 10-K for the year ended December 31, 2011 as filed with the Securities and Exchange Commission, or SEC, on February 22, 2012, and other documents filed with the SEC.
  • The risk factors and other information contained in these documents should be considered in evaluating Questcor's prospects and future financial performance.

    Questcor undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date of this release.

    For more information, please visit www.questcor.com or www.acthar.com.Questcor Pharmaceuticals, Inc.Consolidated Statements of Income(In thousands, except per share amounts)Three Months Ended December 31,Twelve Months Ended December 31,2012201120122011Net sales

    $  160,532

    $  75,535

    $  509,292

    $  218,169Cost of sales (exclusive of amortization of purchased technology)

    9,156

    4,013

    28,555

    12,459Gross profit

    151,376

    71,522

    480,737

    205,710Operating expenses:Selling and marketing

    33,051

    16,998

    114,139

    56,728General and administrative

    11,175

    5,766


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    SOURCE Questcor Pharmaceuticals, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

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