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SXC Health Solutions announces third quarter financial results
Date:11/6/2008

1,819

Amortization of

intangible assets 3,449 396 6,277 1,188

Net loss on disposal

of capital assets - - - 133

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

29,020 10,761 64,409 31,640

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

Operating income 5,866 1,148 13,797 8,356

Interest income (508) (1,219) (2,209) (3,435)

Interest expense 1,609 27 2,407 85

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

Net interest

expense (income) 1,101 (1,192) 198 (3,350)

Other income (50) (41) (15) (239)

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

Income before income taxes 4,815 2,381 13,614 11,945

Income tax expense

(benefit):

Current 3,356 (92) 5,335 3,033

Deferred (2,080) (207) (1,884) (457)

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

1,276 (299) 3,451 2,576

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

Net income and

comprehensive income $ 3,539 $ 2,680 $ 10,163 $ 9,369

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

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

Earnings per share:

Basic $ 0.15 $ 0.13 $ 0.45 $ 0.45

Diluted $ 0.15 $ 0.12 $ 0.44 $
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SOURCE SXC Health Solutions Inc.
Copyright©2008 PR Newswire.
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