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HMS Holdings Corp. Announces Q4 and Full Year 2007 Results

thcare delivery system under stress focus ever more attention on ensuring that medical claims are paid correctly, and by the responsible payor."

Reconciliation of net income to

EBITDA and adjusted EBITDA Three Months Ended Year Ended

December 31, December 31,

2007 2006 2007 2006

Net Income $4,036 $1,865 $14,956 $5,325

Net interest (income) expense 371 535 1,732 (672)

Income taxes 3,150 1,475 11,593 3,588

Depreciation and amortization, net

of deferred financing costs,

included in net interest expense

(income) 2,796 4,636 10,210 9,657

Earnings before interest,

taxes, depreciation

and amortization (EBITDA) 10,353 8,511 38,491 17,898

Share-based compensation expense 753 639 2,173 1,674

Adjusted EBITDA $11,106 $9,150 $40,664 $19,572

HMSY will be hosting its fourth quarter and full year 2007 results conference call with the investment community on Friday, February 29, 2008 at 10:00 am Eastern Time. The conference call number is US/Canada: 1 (877) 272- 8465 Int'l/Local Dial-In: (706) 634-1355 Participant Code: 33915129. A slide presentation will accompany the conference call and may be accessed through our website at

A conference call replay will be available beginning 2/29/2008 1:00 PM EST through 3/7/2008 11:00 PM EST. To listen to the replay of the call, dial: US/Canada: 1 (800) 642-1687 Int'l/Local Dial-In: (706) 645-9291 Participant Code: 33915129 or visit our website at

SOURCE HMS Holdings Corp.
Copyright©2008 PR Newswire.
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