PDL BioPharma (PDLI) Reports Q3 EPS of $0.18

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PDL BioPharma Reports Third Quarter 2018 Financial Results

November 6, 2018 4:05 PM EST

INCLINE VILLAGE, Nev., Nov. 6, 2018 /PRNewswire/ -- PDL BioPharma, Inc. ("PDL" or "the Company") (NASDAQ: PDLI) reports financial results for the three and nine months ended September 30, 2018 including:

Third Quarter Financial Highlights

Total revenues of $67.9 million. GAAP net income attributable to PDL's shareholders of $25.6 million or $0.18 per share. Non-GAAP net income attributable to PDL's shareholders of $12.3 million. A reconciliation of GAAP to non-GAAP financial results can be found in Table 3 at the end of this news release. Cash and cash equivalents of $401.0 million as of September 30,... More