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Unilife Corporation Announces Financial Results For Fiscal Year 2011 Second Quarter
Date:2/14/2011

307461,2071,429Product sales and other

1,1324112,7481,091Total revenues

1,7623,2455,3056,353Cost of product sales

8244741,9991,303Gross profit

9382,7713,3065,050Operating expenses:Research and development

1,4162872,421686Selling, general and administrative

9,0547,51717,06611,259Depreciation and amortization

8781,0091,6651,300Total operating expenses

11,3488,81321,15213,245Operating loss

(10,410)(6,042)(17,846)(8,195)Interest expense

32146461Interest income

(82)(252)(204)(257)Other (income) expense, net

(2)111(102)(20)Net loss

($10,358)($5,915)($17,604)($7,979)Loss per share:Basic loss per share

($0.19)($0.13)($0.32)($0.19)Diluted loss per share

($0.19)($0.13)($0.32)($0.19)UNILIFE CORPORATION AND SUBSIDIARIESReconciliation of Non-GAAP Measure (in thousands, except per share data) (unaudited)Three Months EndedSix Months Ended December 31, December 31,2010200920102009Net loss

($10,358)($5,915)($17,604)($7,979)Share-based compensation expense

1,8362014,386771Depreciation and amortization

8781,0091,6651,300Interest expense

32146461Non-recurring costs associated with redomiciliation

——2,135amp; US listing*1,710Adjusted net loss

($7,612)($2,981)($11,489)($3,712)Adjusted net loss per share –diluted

($0.14)($0.07)($0.21)($0.09)* Includes legal, consulting and other professional fees incurred in connection with the Company’s redomiciliation to the United States and Nasdaq listing.
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SOURCE Unilife Corporation
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