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NMHC Reports Fourth Quarter and Fiscal Year 2007 Financial Results

Date:9/10/2007

rs), and provide pass code# 23628047. A live webcast of the call will be accessible on the Company's website, http://www.nmhc.com. The webcast will be archived on the site and a telephone replay will be available for seven days beginning at 11:30 a.m. ET. To access the replay, please dial 888-286-8010 (U.S. callers) or 617-801-6888 (international callers) using conference ID: 77554294.

Non-GAAP Measures

In addition to the results presented in accordance with GAAP throughout this press release, NMHC has presented non-GAAP financial measures, such as EBITDA.

NMHC calculates and uses EBITDA as an indicator of their ability to generate cash from their reported operating results. This measurement is used in concert with net income and cash flows from operations, which measure actual cash generated in the period. In addition, we believe that EBITDA is a supplemental measurement tool used by analysts and investors to help evaluate overall operating performance and the ability to incur and service debt and make capital expenditures. EBITDA does not represent funds available for their discretionary use, nor is it intended to represent or to be used as a substitute for net income or cash flows from operations data as measured under GAAP. The items excluded from EBITDA but included in the calculation of their reported net income are significant components of their consolidated statements of income, and must be considered in performing a comprehensive assessment of their overall financial performance. EBITDA, and the associated year-to-year trends, should not be considered in isolation. Their calculation of EBITDA may not be consistent with calculations of EBITDA used by other companies. Reconciliation schedules to the comparable GAAP measures are available on pages 10 and 11.

About NMHC

National Medical Health Card Systems, Inc. provides PBM services to plan customers, which include managed care orga
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SOURCE National Medical Health Card Systems, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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NMHC Reports Fourth Quarter and Fiscal Year 2007 Financi...(rs) and provide pass code# 23628047. Ali...),Health