November 1, 2012 / 10:19 AM / 5 years ago

Catamaran profit falls on higher interest expense

Nov 1 (Reuters) - Catamaran Corp , the pharmacy benefit manager formerly known as SXC Health Solutions, reported a 19 percent fall in profit mainly due to a rise in interest expense.

Net income attributable to the company fell to $20.5 million, or 10 cents per share, from $25.3 million, or 20 cents per share, a year earlier.

Revenue jumped to $3.2 billion from $1.3 billion.

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