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Medco Delivers Record Third-Quarter 2009 GAAP Diluted EPS of $0.69; Diluted EPS Excluding Amortization of Intangible Assets of $0.75
Date:11/3/2009

ost of revenues 2,223.1 371.6 20.1% 1,851.5 Selling, general and administrative expenses 70.4 (3.7) -5.0% 74.1 Amortization of intangibles 13.9 2.8 25.2% 11.1 -------------- ------ ----- -------------- Operating Income $93.2 $15.2 19.5% $78.0 ============== ====== ===== ============== Gross Margin (1) $177.5 $14.3 8.8% $163.2 Gross margin percentage 7.4% -0.7% 8.1% Nine Months Nine Months Ended Ended September 26, September 27, 2009 Variance 2008 -------------- --------------- ---------------- Specialty Pharmacy: ------------------- Product net revenues $7,002.9 $1,171.0 20.1% $5,831.9 Service revenues 68.1 13.6 25.0% 54.5 -------------- -------- ----- ---------------- Total net revenues 7,071.0 1,184.6 20.1% 5,886.4 Total cost of revenues 6,540.1 1,120.0 20.7% 5,420.1 Selling, general and administrative expenses 221.3 (2.1) -0.9% 223.4 Amortization of intangibles 36.6 3.2 9.6% 33.4 -------------- -------- ----- ---------------- Operating Income $273.0 $63.5 30.3% $209.5 ============== ======== ===== ================ Gross Margin (1) $530
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SOURCE Medco Health Solutions, Inc.
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