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Questcor Reports Record Second Quarter Financial Results
Date:7/24/2014

ANAHEIM, Calif., July 24, 2014 /PRNewswire/ -- Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) today reported financial results for the second quarter ended June 30, 2014. Three Months Ended 06/30/14Three Months Ended 06/30/13

 Percentage ChangeGAAP Net Sales

$278.8 Million

$184.6 Million

51%Non-GAAP Net Sales

$278.8 Million

$196.1 Million

42%GAAP Diluted EPS

$1.54

$1.12

37%Non-GAAP Diluted EPS

$1.85

$1.35

37% Six Months Ended 06/30/14Six Months Ended 06/30/13

 Percentage ChangeNet Sales

$505.9 Million

$319.7 Million

58%Non-GAAP Net Sales

$505.9 Million

$331.2 Million

53%GAAP Diluted EPS

$2.75

$1.79

54%Non-GAAP Diluted EPS

$3.25

$2.13

53%Net sales for the second quarter ended June 30, 2014 were $278.8 million, up 51% from $184.6 million in GAAP net sales and up 42% from $196.1 million in non-GAAP net sales in the second quarter of 2013.  Net sales for H.P. Acthar® Gel (repository corticotropin injection) for the second quarter ended June 30, 2014 were $261.4 million, up 48% from $177.0 million in GAAP net sales and up 39% from $188.5 million in non-GAAP net sales in the second quarter of June 2013.
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SOURCE Questcor Pharmaceuticals, Inc.
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