EX-99.3 4 g98052exv99w3.htm EX-99.3 FINANCIAL GUIDANCE SUMMARY EX-99.3 FINANCIAL GUIDANCE SUMMARY
 

Exhibit 99.3
                                                 
    Emdeon Corporation  
    Consolidated 2005 and 2006 Financial Guidance  
Amounts in thousands, except per share information                  
    Three Months Ended     Year Ended     Year Ended  
    December 31, 2005     December 31, 2005     December 31, 2006  
                   
    Range     Range     Range  
Revenues
  $ 320,000     $ 330,000     $ 1,269,643     $ 1,279,643     $ 1,360,000     $ 1,410,000  
 
                                               
Income before taxes, non-cash and other items
  $ 48,500     $ 52,500     $ 181,482     $ 185,482     $ 220,000     $ 250,000  
             
 
                                               
Income per share before taxes, non-cash and other items
  $ 0.13     $ 0.14     $ 0.51     $ 0.52     $ 0.58     $ 0.66  
             
Taxes, non-cash and other items:
                                               
Depreciation and amortization
    17,000       18,000       69,940       70,940       92,500       97,000  
Non-cash advertising and stock-based compensation
    5,000       6,000       15,486       16,486       13,000       15,000  
Legal expense
                14,347       14,347              
Income tax provision
    3,500       4,500       11,180       12,180       22,000       30,000  
Other expense
                7,407       7,407              
Minority interest
    700       800       700       800       2,500       3,000  
             
 
                                               
Net income
  $ 22,300     $ 23,200     $ 62,422     $ 63,322     $ 90,000     $ 105,000  
     
 
                                               
Net income per common share
  $ 0.06     $ 0.06     $ 0.18     $ 0.18     $ 0.24     $ 0.28  
     
 
                                               
Weighted average shares
    370,000       370,000       356,000       356,000       380,000       380,000  
     
     Background and Assumptions
  Our guidance, for all periods, does not include any unannounced acquisitions that may occur, but does include the acquisition of Conceptis Technologies Inc. announced by WebMD Health on Tuesday, November 1, 2005, and expected to close in December 2005.
 
  Our guidance, for all projected periods, does not include any expenses related to the Department of Justice investigation.
 
  Our guidance, for all periods, does not reflect the impact of expensing stock options under SFAS 123(R).
 
  Our guidance, for all periods, does not reflect any potential repurchases of shares of our outstanding securities.