Icos Corp reports net income of $6.1 M, 9 cts/share, for 2Q 2006; 2006 expected to be first profitable year in company's history. [9 tables in original article].

(From Chemical Business NewsBase - Company Reports - CBNB)

Icos Corp released its financial results for 2Q and 1H ended Jun 2006 and summarized recent events. Icos is now on track, for the first time in its history, to report full-year net income in 2006. For 2Q 2006, Icos reported net income of $6.1 M (proforma net loss of $30.6 M for 2Q 2005). The company's 50% share of Lilly Icos earnings was $38 M in 2Q 2006 (equity in losses of Lilly Icos of $700,000 in 2Q 2005). For 2Q 2006, Lilly Icos reported net income of $75.8 M (net loss of $1.7 M reported in 2Q 2005). Worldwide sales of Cialis totaled $233.2 M during 2Q 2006. Sales of Cialis in North America and Europe …