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Emergent BioSolutions Inc.



Emergent BioSolutions Reports Financial Results for Third Quarter and First Nine Months of 2008



November 26th, 2008

Emergent BioSolutions Inc. (NYSE:EBS) announced its financial results for the third quarter and nine months ended September 30, 2008.

Total revenues for the third quarter and nine months of 2008 were $56.6 million and $142.8 million, respectively, an increase of 30 percent and 53 percent, respectively, over the prior year periods. Net income for the third quarter and nine months of 2008 was $10.4 million or $0.35 per share, and $19.2 million or $0.65 per share, respectively, in comparison to net income of $2.8 million or $0.10 per share, and a net loss of $4.8 million or $0.17 per share for the comparable periods in 2007. Such performance was primarily driven by growth...


Source: Vaccine Weekly (2008-11-26)

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