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One-time charges give Lilly quarterly loss of $2.4 million...
AP Wire One-time charges give Lilly quarterly loss of $2.4 million
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Wednesday, Jan 26, 2005
National
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Posted on Wed, Jan. 26, 2005 One-time charges give Lilly quarterly loss of $2.4 million CHARLES WILSON Associated Press INDIANAPOLIS - Eli Lilly and Co. reported a fourth-quarter loss of $2.4 million and broke even on per-share earnings despite a 5 percent increase in sales over the year-ago period, primarily due to one-time restructuring costs and taxes on overseas earnings. Excluding about $990 million in those and other one-time charges, the Indianapolis-based pharmaceutical giant reported net income of $814.3 million, or 75 cents a share, for the three months ending Dec. 31, beating analysts' predictions by one cent. Sales of the anti-psychotic Zyprexa, the company's best seller, were $1.085 billion for the quarter, down 5 percent compare... 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | All news |