Medco Delivers Record Third-Quarter 2009 GAAP Diluted EPS of $0.69; Diluted EPS Excluding Amortization of Intangible Asset...(--- ---------- Total net revenu...),Health

Date:11/3/2009

--- ---------- Total net revenues (2) 44,559.1 6,262.5 16.4% 38,296.6 ---------- --------- ------ ---------- Cost of product net revenues (2) 41,384.7 5,993.2 16.9% 35,391.5 Cost of service revenues 174.6 27.9 19.0% 146.7 ---------- --------- ------ ---------- Total cost of revenues (2) 41,559.3 6,021.1 16.9% 35,538.2 Selling, general and administrative expenses 1,080.0 36.0 3.4% 1,044.0 Amortization of intangibles 230.1 18.9 8.9% 211.2 Interest expense 131.8 (41.8) -24.1% 173.6 Interest (income) and other (income) expense, net (9.1) (5.4) N/M* (3.7) ---------- --------- ------ ---------- Income before provision for income taxes 1,567.0 233.7 17.5% 1,333.3 Provision for income taxes 628.3 123.6 24.5% 504.7 ---------- --------- ------ ---------- Net Income $938.7 $110.1 13.3% $828.6 ========== ========= ====== ========== Diluted earnings per share: --------------------------- Weighted average shares outstanding 491.0 (32.0) -6.1% 523.0 Earnings per share $1.91 $0.33 20.9% $1.58 ========== ========= ====== ========== Earnings per share, excluding intangible amortization (3) $2.08 $0.34 19.5% $1.74 ========== ========= ======
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SOURCE Medco Health Solutions, Inc. Copyright©2009 PR Newswire. All rights reserved

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