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Watson Announces Preliminary 2011 Non-GAAP Earnings of $4.75-$4.77
Date:1/24/2012

tion of perhaps denying a life-saving therapy that has demonstrated results in preventing prematurity and has an exceptional safety record. I strongly urged the Commissioner to mobilize the Agency's most experienced experts to work closely with Watson and Columbia to approve this unique and life-saving therapy."

2012 Financial Outlook"We remain in a strong position to deliver sustainable adjusted EBITDA and adjusted non-GAAP earnings per share growth in 2012 and beyond by leveraging our strengths as an integrated global pharmaceutical company, utilizing our strong balance sheet to continue to make strategic acquisitions of products, capabilities and companies, and continuing to fund our internal development activities at the levels necessary to drive sustainable growth in generics, brands and biosimilars. We have a balanced business, a number of potential earnings contributors, and a focus on sustainable shareholder growth that will come from execution of our strategies," Bisaro stated.  

Watson estimates total net revenue for 2012 will be approximately $5.3 billion.

  • Total Global Generics segment revenue of between $3.8 and $4.0 billion.
  • Total Global Brands segment revenue of between $500 and $525 million.
  • Total Anda Distribution segment revenue of between $850 and $900 million.
  • Adjusted non-GAAP earnings for 2012 is expected to be between $5.25 and $5.55 per diluted share.
  • Adjusted EBITDA for 2012 is expected to be between $1.28 and $1.35 billion

    • 2013 Financial OutlookWatson estimates that 2013 adjusted non-GAAP earnings per share will increase by approximately 10 percent year-over-year.  

    About Watson Pharmaceuticals, Inc.Watson Pharmaceuticals, Inc. is a leading integrated global pharmaceutical company. The Company is engaged in the development and distribution of generic pharmaceuticals and specialized branded pharmaceutical products focused on Urology and Women's H
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    SOURCE Watson Pharmaceuticals, Inc.
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