EX-99.2 3 g03857exv99w2.htm EX-99.2 ANNEX A TO EXHIBIT 99.1 EX-99.2 ANNEX A TO EXHIBIT 99.1
 

EXHIBIT 99.2
ANNEX A
Q3 2006 Preliminary Consolidated Financial Results
and Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures
                         
    Range for Q3 2006     Actual Q3 2005  
    (unaudited)     (unaudited)  
Revenue
   $ 298     $ 301     $ 261  
 
                  
Adjusted EBITDA per diluted share
   $ 0.19     $ 0.20     $ 0.11  
 
                  
 
                        
Reconciliation of Adjusted EBITDA to income from
                        
continuing operations per diluted share:
                        
 
                        
Interest income
   $ (0.01 )   $ (0.01 )   $ (0.01 )
Depreciation and amortization
     0.06       0.06       0.04  
Non-cash stock-based compensation
     0.04       0.04       —  
Non-cash advertising
     0.01       0.01       0.01  
Legal expense
     —       —       0.02  
Advisory expense
     0.01       0.01       —  
Income tax provision
     0.01       0.01       0.01  
Other expense
     —       —       0.01  
 
                  
Income from continuing operations per diluted share
   $ 0.07     $ 0.08     $ 0.03  
 
                  
The above results reflect the reclassification of Emdeon Practice Services as a discontinued operation in the current and prior year periods, as a result of the completion of the sale of Emdeon Practice Services to Sage Software in September 2006.