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Vanda Pharmaceuticals Reports Third Quarter 2010 Results

tely 28.0 million shares of Vanda common stock were outstanding as of September 30, 2010. Basic and diluted net income per common share for the third quarter of 2010 was $0.11, compared to basic and diluted net income per common share of $0.05 and $0.04, respectively, for the second quarter of 2010 and basic and diluted net loss per common share of $0.28 for the third quarter of 2009. Year-to-date September 30, 2010 Key Financial Figures(1)  YTD 9/30/10($)YTD 9/30/09($)  Change ($)Change (%)Total revenues




N/A R&D expenses




-27%G&A expenses




-49%Employee non-cash stock-based compensation




-58%Net income (loss) before tax provision




-131%Tax provision




N/A Net income (loss)  




-119%Basic and diluted net income per share attributable to common stockholders




-118%Third Quarter 2010 Key Financial Figures(1)Q3 2010 ($)Q2 2010 ($)  Change ($)Change (%)Total revenues




-13%R&D expenses




69%G&A expenses




-28%Employee non-cash stock-based compensation




-52%Net income before tax provision




-28%Tax benefit




N/A Net income




149%Basic net income per share attributable to common stockholders'/>"/>

SOURCE Vanda Pharmaceuticals Inc.
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