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

$703.3 10.5% $6,712.3

Mail-order product revenues 5,391.3 1,077.3 25.0% 4,314.0

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Total product net revenues (2) 12,806.9 1,780.6 16.1% 11,026.3

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Client and other service revenues 114.8 18.0 18.6% 96.8

Manufacturer service revenues 41.2 4.7 12.9% 36.5

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Total service revenues 156.0 22.7 17.0% 133.3

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Total net revenues (2) 12,962.9 1,803.3 16.2% 11,159.6

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Cost of product net revenues (2) 12,016.8 1,666.9 16.1% 10,349.9

Cost of service revenues 45.9 9.9 27.5% 36.0

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Total cost of revenues (2) 12,062.7 1,676.8 16.1% 10,385.9

Selling, general and administrative

expenses 328.4 80.0 32.2% 248.4

Amortization of intangibles 69.5 14.9 27.3% 54.6

Interest and other (income) expense,

net 54.3 39.4 264.4% 14.9

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Income before provision for

income taxes 448.0 (7.8) -1.7% 455.8

Provision for income taxes 177.8 (3.2) -1.8% 181.0

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Net Income $270.2 $(4.6) -1.7% $274.8<
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SOURCE Medco Health Solutions, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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