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Medco Reports Strong First-Quarter Results; Record EPS, Mail-Order Volume, Generic Dispensing Rates
Date:4/29/2008

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Total net revenues 12,962.9 11,159.6

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Cost of operations:

Cost of product net revenues

(Includes retail co-payments of $2,102

for 2008, and $1,986 for 2007) 12,016.8 10,349.9

Cost of service revenues 45.9 36.0

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Total cost of revenues 12,062.7 10,385.9

Selling, general and administrative

expenses 328.4 248.4

Amortization of intangibles 69.5 54.6

Interest and other (income)

expense, net 54.3 14.9

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Total cost of operations 12,514.9 10,703.8

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Income before provision for

income taxes 448.0 455.8

Provision for income taxes 177.8 181.0

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Net income $270.2 $274.8

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Basic earnings per share (1):

-----------------------------------

Weighted average shares outstanding 526.9 573.5

Earnings per share $0.51 $0.48

=========== ===========

Diluted earnings per share (1):

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

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