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SXC Health solutions announces record third quarter financial results
Date:11/5/2009

14,661 11,854 Retained earnings 66,619 35,751 Accumulated other comprehensive loss (404) (430) ------------- ------------- Total shareholders' equity 441,007 194,163 ------------- ------------- Total liabilities and shareholders' equity $ 669,716 $ 428,343 ------------- ------------- ------------- ------------- SXC HEALTH SOLUTIONS CORP. Consolidated Statements of Operations (in thousands, except per share data) Three months ended Nine months ended September 30, September 30, --------------------------- --------------------------- 2009 2008 2009 2008 ------------- ------------- ------------- ------------- (unaudited) (unaudited) Revenue: PBM $ 357,473 $ 297,178 $ 919,158 $ 502,038 HCIT: Transaction processing 16,461 11,631 45,852 38,167 Maintenance 4,733 3,998 13,684 12,338 Professional services 3,187 3,836 10,630 10,693 System sales 1,675 1,458 5,994 6,937 ------------- ------------- ------------- ------------- Total revenue 383,529 318,101 995,318 570,173 Cost of revenue: PBM 321,234 272,654 819,608 460,700 HCIT 14
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