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SXC Health solutions announces Strong fourth quarter and year end financial results
Date:3/4/2010

27 16,397 Professional services 4,706 2,787 15,336 13,480 System sales 1,691 1,512 7,685 8,449 ------------- ------------- ------------- ------------- Total revenue 443,316 292,766 1,438,634 862,939 Cost of revenue: PBM 378,149 241,633 1,197,757 702,333 HCIT 12,643 13,853 54,277 45,120 ------------- ------------- ------------- ------------- Total cost of revenue 390,792 255,486 1,252,034 747,453 ------------- ------------- ------------- ------------- Gross profit 52,524 37,280 186,600 115,486 Expenses: Product development costs 2,927 2,680 11,951 10,105 Selling, general and adminis- trative 20,940 21,501 85,797 68,792 Depreciation of property and equipment 1,457 1,394 5,811 4,810 Amortization of intangible assets 2,246 3,088 9,724 9,365 ------------- ------------- ------------- ------------- 27,570 28,663 113,283 93,072 ------------- ------------- ------------- ------------- Operating income 24,954 8,617 73,317 22,414 Interest income (184) (540) (756) (2,749) Interest expense 2,151 1,733 5,399 4,140 ------------- ------------- ------------- ------------- Net interest expense 1,967 1,193 4,643 1,391 Other expense, net
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SOURCE SXC Health Solutions Corp.
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