Navigation Links
ShangPharma Announces Third Quarter 2012 Results
Date:11/20/2012

ion of GAAP operating margin, excluding the impact of share-based compensation expenses.

Net income decreased by 39.5% year over year to $1.6 million, primarily due to lower profit from operations and lower other income, including a smaller foreign exchange gain, an increased foreign exchange forward contract gain and lower interest income.

Non-GAAP net income was $2.8 million, a decrease of 36.3% from $4.4 million in the third quarter of 2011. This was primarily due to the reasons mentioned in the above discussion of GAAP net income. 

Diluted earnings per ADS were $0.08, which compares with $0.14 in the third quarter of 2011.

Non-GAAP diluted earnings per ADS were $0.15, which compares with $0.24 in the third quarter of 2011.

Financial Position  As of September 30, 2012, the Company had cash and cash equivalents of $34.3 million and no debt outstanding.  During the quarter, capital expenditures totalled $5.0 million, primarily from purchase of equipment and investment in leasehold improvements of various facilities.

Full Year 2012 GuidanceThe Company revises its previously announced guidance for net revenues and capital expenditures for the full year 2012, and reconfirms its guidance for non-GAAP gross margin for the full year 2012. The Company expects:

  • Net revenues to be approximately $125.0 – $128.0 million, which represents growth of approximately 11.1% – 13.8% compared with the full year of 2011. 
  • Non-GAAP gross margin to be in the range of 30.0% – 31.5%.
  • Capital expenditures to be approximately $19.0 - $21.0 million.
  • This reflects the Company's current view and is subject to change.

    Conference CallShangPharma will host a conference call and live webcast at 8:00AM U.S. Eastern Time on November 20, 2012 (9:00PM Beijing Time on November 20, 2012). 

    The dial-in details for the live conference call are as follows: - Internation
    '/>"/>

    SOURCE ShangPharma Corporation
    Copyright©2012 PR Newswire.
    All rights reserved

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

    Related medicine technology :

    1. ShangPharma to Report Third Quarter 2012 Financial Results on November 20, 2012
    2. ShangPharma and Harbour Antibodies Announce Licensing Agreement
    3. ShangPharma Announces Second Quarter 2012 Results
    4. ShangPharma to Report Second Quarter 2012 Financial Results on August 20, 2012
    5. ShangPharma Independent Committee Appoints Financial Advisor
    6. ShangPharma Independent Committee Appoints Chairman and Legal Counsel
    7. ShangPharma Announces Receipt of "Going Private" Proposal at $8.50 to $9.50 Per ADS
    8. ShangPharma Announces First Quarter 2012 Results
    9. ShangPharma to Report First Quarter 2012 Financial Results on May 17, 2012
    10. ShangPharma Corporation Files 2011 Annual Report on Form 20-F
    11. Dr. TATTOFF Announces Use of Astanza Laser Tattoo Removal Systems for New Phoenix Location
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:7/11/2014)... LOS ANGELES , July 11, 2014 /PRNewswire-iReach/ ... of e-liquid, a vegetable-glycol solution for use in ... one of the active ingredients in cannabis, cannabidiol ... in personal vaporizer devices, and other vaporizer technology. ... Cannabis naturally contains 483 different compounds ...
    (Date:7/11/2014)... CHAPEL HILL, N.C. , July 11, 2014 ... component of pharmaceutical marketing and, consequently, organizations are ... specifically for patients. As part of ... learned it,s important to educate, communicate and engage ... from disease awareness to patient empowerment. By mapping ...
    (Date:7/11/2014)... , July 11, 2014 The ... are evolving across industry sectors to better identify ... better ways to engage with and understand consumers, ... themselves and make critical purchasing decisions. ... Best Practices, LLC, one area where organizations can ...
    Breaking Medicine Technology:VAPETEK Releases CBD-Infused eLiquid For The Consumer Market 2New Study Uses Six-Step Patient Journey as Framework for Consumer-Focused Marketing Opportunities 2New Technologies Transforming Consumer Marketing Research Playbook 2
    (Date:7/12/2014)... York, NY (PRWEB) July 12, 2014 As ... (the National Institute of Standards and Technology), the June 25th, ... the electronic discovery world. It was also ... finally in, depending on whether it was seen from an ... But this much is fact, there is now precedent which ...
    (Date:7/12/2014)... July 12, 2014 Praeclarus Press ... Simple as a valuable new resource for women in ... of American women work away from their children. Today’s ... the benefits of breastfeeding, but often feel unsupported when ... their babies. With its evidence-based insights, and written by ...
    (Date:7/12/2014)... Beach, FL (PRWEB) July 12, 2014 ... of high-quality peptides that are used solely in scientific ... honor two successful years in business, Maxim Peptide, which ... has just launched a new and updated website that ... research blog section has been updated with fascinating articles ...
    (Date:7/11/2014)... Recently, DressyQuinceanera.com, a well-known wedding dress manufacturer ... to its online category. Furthermore, the firm has ... discounted rates, up to 62% off. , The brand ... in terms of quality and style. All items in ... also offered for the company’s other items: lace evening ...
    (Date:7/11/2014)... (PRWEB) July 11, 2014 As ... filed against Johnson & Johnson’s Ethicon Inc. unit ... LLP notes that the Texas Attorney General’s Office ... marketing of surgical mesh products used to treat ... to a report from kens5.com, the probe began ...
    Breaking Medicine News(10 mins):Health News:Mobile Device Forensics Guidelines Play Key Role in Supreme Court’s Smartphone Evidence Warrant Decision 2Health News:Mobile Device Forensics Guidelines Play Key Role in Supreme Court’s Smartphone Evidence Warrant Decision 3Health News:Mobile Device Forensics Guidelines Play Key Role in Supreme Court’s Smartphone Evidence Warrant Decision 4Health News:Mobile Device Forensics Guidelines Play Key Role in Supreme Court’s Smartphone Evidence Warrant Decision 5Health News:Praeclarus Press Announces the Release of Working and Breastfeeding Made Simple by Nancy Mohrbacher, A Much Needed Resource For Today's Working Mothers 2Health News:Maxim Peptide Celebrates Second Anniversary Online with an Updated Website and Special Deals Section 2Health News:DressyQuinceanera.com: Beautiful Quinceanera Dama Dresses At Low Prices 2Health News:Transvaginal Mesh Lawsuit News: Bernstein Liebhard LLP Notes Report of Texas Probe into Ethicon Pelvic Mesh Marketing 2Health News:Transvaginal Mesh Lawsuit News: Bernstein Liebhard LLP Notes Report of Texas Probe into Ethicon Pelvic Mesh Marketing 3Health News:Transvaginal Mesh Lawsuit News: Bernstein Liebhard LLP Notes Report of Texas Probe into Ethicon Pelvic Mesh Marketing 4
    ... The Department of Labor,s,Occupational Safety and Health ... the review of its methylene chloride (MC),Standard (29 ... in,the July 10, 2007, Federal Register (72 FR ... in 1997 to protect employees from occupational,exposure to ...
    ... issue of Cell Metabolism, a publication of Cell Press, provides ... contribute to building muscles up in response to exercise. These ... muscle loss that occurs in diseases such as cancer and ... to the researchers. , The researchers showed that a transient ...
    ... Older men with chronic anxiety are at substantially higher risk, ... men who suffer from chronic anxiety substantially increase their risk ... While stress has been linked to an increased risk of ... has been identified as a risk factor also. , "There ...
    ... CHICAGO (January 08, 2008) - Each year, cardiovascular disease ... are aware that lifestyle choices such as eating right, ... cardiovascular disease, they may not know that by just ... also be avoiding this potentially lethal condition. , ...
    ... population growth since the beginning of the XXth Century, ... slave trade and colonization. The regions population in fact ... in 2005. The latest United Nations projections, published in ... billion inhabitants being reached between the present and 2050., ...
    ... Annual Meeting features the latest cutting-edge findings in ... years meeting focuses on innovative research, novel technologies, ... new approaches to cancer prevention. , To help ... program schedule and related scientific abstracts will be ...
    Cached Medicine News:Health News:OSHA Extends Comment Period for Lookback Review of Methylene Chloride Standard 2Health News:New insight into factors that drive muscle-building stem cells 2Health News:Anxiety Raises Heart Attack Risk 2Health News:Anxiety Raises Heart Attack Risk 3Health News:A healthy smile may promote a healthy heart 2Health News:Sub-Saharan Africa: the population emergency 2Health News:Sub-Saharan Africa: the population emergency 3
    Spectrafuge 16M High speed microcentrifuge. High g-force for molecular biology applications. Brushless, maintenance-free motor. Easy to use control panel. Complete with 18 x 1.5/2.0 ml rotor. StripSp...
    ... designed to accommodate the deep-well Plate Rotor 2 ... more than 5600 x g for centrifuging QIAGEN ... fixed-angle and swing-out rotors are available from Sigma ... and 50 ml tubes, as well as 1.5 ...
    ... and BR4i refrigerated multifunction centrifuges are equally capable ... a low sound level with a large range ... AUTO-LOCK rotor exchange system without tools ensures that ... seconds. Instant rotor exchange (5 sec.) ...
    Inquire...
    Medicine Products: