Catalyst Health Solutions Reports Strong Earnings for Third Quarter 2010: EPS of $0.51

Catalyst Health Solutions, Inc. CHSI, a pharmacy benefit management company, today announced its financial results for the third quarter ended September 30, 2010. The Company reported record quarterly net income of $21.5 million, up 25% compared to $17.2 million in the prior year. Earnings per diluted share increased by $0.09 to $0.48 from $0.39. Revenue for the quarter ended September 30, 2010, grew by $199.5 million to $925.1 million from $725.6 million in the prior year. This quarter, in conjunction with the closing of the FutureScripts acquisition, the Company will also report adjusted earnings per diluted share excluding the impact of acquisition related intangible amortization. Third quarter 2010 adjusted earnings per diluted share increased by $0.10 to $0.51 from $0.41 adjusted earnings per diluted share in the prior year. Management believes that this non-GAAP financial measure provides useful supplemental information regarding the performance of our business operations and facilitates comparisons to our historical operating results.