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GileadSummary2010 Q2
GileadSummary2010 Q2
$0.50
Our portfolio of over 13 marketed products contributing to our revenue stream through direct
or partner promotion includes Atripla® (efavirenz 600 mg/emtricitabine 200 mg/tenofovir $0.25
disoproxil fumarate 300 mg), the first single tablet regimen for HIV Infection; Viread® (tenofovir $0.00
q2 09 q3 09 q4 09 q1 10 q2 10
disoproxil fumarate) for the treatment of both HIV infection and chronic hepatitis B; Letairis®
Note: For the 2009 and 2010 periods, non-GAAP diluted EPS excludes the after-tax impact of
(ambrisentan), a once-daily oral treatment for pulmonary arterial hypertension; Tamiflu®
acquisition, restructuring and stock-based compensation expenses.
On January 1, 2009, Gilead adopted guidance (formerly known as APB 14-1) on a retrospective
basis for its convertible senior notes. GAAP and non-GAAP net income and diluted EPS
(oseltamivir phosphate), the first and only neuraminidase inhibitor tablet for the treatment amounts have been adjusted from that which was previously reported to reflect additional
after-tax interest expense.
and prevention of influenza A and B; Ranexa® (ranolazine), an extended-release tablet for the
treatment of chronic angina; and Lexiscan® (regadenoson) injection, the first A2A adenosine Total Revenues
receptor agonist for use as a pharmacologic stress agent in radionuclide MPI studies. In addition, Q2 2010 up 17% over Q2 2009
Cayston® (aztreonam lysine 75 mg powder and solvent for nebuliser solution) for cystic fibrosis $ In Millions
$2,500
was approved in the U.S., EU, Canada and Australia. $2,032.4 $2,085.9
$1,927.2
$2,000 $1,801.4
Gilead was founded in 1987 in Foster City, California. The company has expanded rapidly over the $1,647.2
$1,500
past two decades, with annual product revenues now exceeding $6.4 billion, operations spanning
three continents (North America, Europe and Australia) with approximately 3,800 employees. $1,000
>> Total revenues for the second quarter of 2010 were $1.93 billion, up 17 percent compared to
$0
total revenues of $1.65 billion for the second quarter of 2009. q2 09 q3 09 q4 09 q1 10 q2 10
>> Non-GAAP net income for the second quarter of 2010, which excludes after-tax acquisition-
Operating Cash Flows
related expenses, restructuring expenses and stock-based compensation expenses, was
$760.7 million, or $0.85 per diluted share. $ In Millions
$955.3
$1,000
>> Product sales increased 15 percent to $1.81 billion for the second quarter of 2010, compared $860.6
>> Gilead generated $1.37 billion of operating cash flow for the first six months of 2010 including
$250
$699.0 million in the second quarter of 2010.
$0
q2 09 q3 09 q4 09 q1 10 q2 10
Note: On January 1, 2009, Gilead adopted guidance (formerly SFAS 160) on a retrospective basis
for its noncontrolling interest. Accordingly, the operating cash flow amounts have been
adjusted from that which was previously reported.
Chronic Hepatitis B Regadenoson (stress agent) — Myocardial Perfusion Imaging Filed with the EMEA
GSK (Asia, Latin America) Cicletanine (antihypertensive) — PAH
Ranolazine (late sodium current ihibitor) — Diastolic Heart Failure
300
>> NASDAQ: GILD Gilead Sciences, Inc.
>> 52-Week Range: Investor Relations
250
$31.83–$50.00* 333 Lakeside Drive
>> Market Cap: Foster City, CA 94404
200 29.37 billion* Phone: 1-800-445-3235
Fax: 650-522-5853
150 *As of 7/20/2010. Email: investor_relations@gilead.com
www.gilead.com
100
50 Gilead Sciences
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