PDL BioPharma (PDLI) Tops Q4 EPS by 3c, Revenues Miss

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PDL BioPharma Reports 2018 Fourth Quarter and Full Year Financial Results

March 14, 2019 4:05 PM EDT

INCLINE VILLAGE, Nev., March 14, 2019 /PRNewswire/ -- PDL BioPharma, Inc. ("PDL" or "the Company") (NASDAQ: PDLI) reports financial results for the three and 12 months ended December 31, 2018:

Financial Highlights

Total revenues of $45.1 million for the 2018 fourth quarter and $198.1 million for the full year. GAAP net income of $16.3 million or $0.11 per diluted share for the 2018 fourth quarter and a GAAP net loss of $68.9 million or $0.47 per share for the full year. The full year loss was a result of a non-cash accounting charge... More