PDL BioPharma (PDLI) Tops Q2 EPS by 1c

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PDL BioPharma Announces Second Quarter 2016 Financial Results

August 4, 2016 4:05 PM EDT

INCLINE VILLAGE, Nev., Aug. 4, 2016 /PRNewswire/ -- PDL BioPharma, Inc. (PDL or the Company) (NASDAQ: PDLI) today reported financial results for the second quarter ended June 30, 2016 including:

Total revenues of $21.0 million and $124.2 million for the three and six months ended June 30, 2016, respectively. GAAP diluted EPS of $0.03 and $0.37 for the three and six months ended June 30, 2016, respectively. GAAP net income of $4.1 million and $60.0 million for the three and six months ended June 30, 2016, respectively. Non-GAAP diluted earnings per share (EPS) of $0.09 and $0.61 for the three... More