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Medco Reports Record Third-Quarter 2008 GAAP Diluted EPS of $0.58; Diluted EPS Excluding Amortization of Intangible Assets of $0.63

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Client and other

service revenues 360.3 66.9 22.8% 293.4

Manufacturer service

revenues 132.0 19.3 17.1% 112.7

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Total service revenues 492.3 86.2 21.2% 406.1

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Total net revenues (2) 38,296.6 5,168.8 15.6% 33,127.8

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Cost of product net

revenues (2) 35,391.5 4,546.5 14.7% 30,845.0

Cost of service

revenues 146.7 43.1 41.6% 103.6

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Total cost of

revenues (2) 35,538.2 4,589.6 14.8% 30,948.6

Selling, general and

administrative expenses 1,044.0 258.4 32.9% 785.6

Amortization of

intangibles 211.2 47.3 28.9% 163.9

Interest and other

(income) expense, net 169.9 107.6 172.7% 62.3

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Income before provision

for income taxes 1,333.3 165.9 14.2% 1,167.4

Provision for income

taxes 504.7 41.8 9.0% 462.9

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Net Income $828.6 $124.1 17.6% $704.5

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Diluted earnings

per share:


Weighted average shares


SOURCE Medco Health Solutions, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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