PDL BioPharma (PDLI) Misses Q2 EPS by 21c, Revenues Beat

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PDL BioPharma Reports 2020 Second Quarter Financial Results

August 6, 2020 4:05 PM EDT

INCLINE VILLAGE, Nev., Aug. 6, 2020 /PRNewswire/ -- PDL BioPharma, Inc. ("PDL" or "the Company") (Nasdaq: PDLI) reports financial results for the three and six months ended June 30, 2020 and provides an update on important milestones achieved in the execution of its monetization plan:

"I am pleased with the significant progress we have made over the past couple of months in the execution of our monetization strategy," commented PDL's President and CEO Dominique Monnet. "We continue to focus on maximizing the net proceeds from the monetization of our assets... More