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Article: Express Scripts Reports 30 Percent Increase in Fourth Quarter Diluted EPS; Tenth Consecutive Year of Record Cash Flow From Operations.
- Article from:
- PR Newswire
- Article date:
- February 6, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. LOUIS -- Express Scripts, Inc. announced fourth quarter net income of $34.2 million, or 43 cents per diluted share, and 2001 net income of $124.7 million, or $1.56 per diluted share. This compares with fourth quarter 2000 net income of $26.0 million, or 33 cents per diluted share, and 2000 net income of $94.1 million, or $1.21 per share, excluding non-recurring items in 2000 discussed below. All per share amounts reflect a 2-for-1 stock split, which was effective June 22, 2001.
Express Scripts generated $112.9 million in cash flow from operations in the fourth quarter compared with $88.7 million in the same quarter last year. During the quarter, the ...