* Q3 adj EPS $0.44 vs est $0.43
* Q3 total rev $1.29 bln vs est $1.20 bln (Follows alerts)
Nov 3 (Reuters) - SXC Health Solutions Corp posted a third-quarter profit that edged past market expectations helped by strong growth in its new customer numbers, and the pharmacy benefit manager raised its full-year outlook.
For 2011, SXC Health now expects adjusted earnings of $1.62-$1.63 a share. It had earlier predicted $1.58-$1.62 a share.
The company’s shares took a beating late last month as investors were worried after its largest customer HealthSpring agreed to be acquired by Cigna .
SXC Health’s July-September net income was $25.3 million, or 40 cents a share, compared with $16.2 million, or 26 cents a share in the year-ago quarter.
Excluding items, the company earned 44 cents a share.
Total revenue rose a staggering 163 percent to $1.29 billion.
Analysts had expected earnings of 43 cents a share, on revenue of $1.20 billion, according to Thomson Reuters I/B/E/S.
Shares of the company closed at $44.49 on Wednesday on Nasdaq. (Reporting by Esha Dey in Bangalore; Editing by Maju Samuel)