AmerisourceBergen Reports Record Operating Revenue of $14.4 Billion and $0.58 Diluted Earnings Per Share for the June Quarter; Company Raises Expectations for Fiscal 2006 Diluted Earnings Per Share to a Range of $2.16 to $2.24.

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AmerisourceBergen Reports Record Operating Revenue of $14.4 Billion and $0.58 Diluted Earnings Per Share for the June Quarter; Company Raises Expectations for Fiscal 2006 Diluted Earnings Per Share to a Range of $2.16 to $2.24.

VALLEY FORGE, Pa. -- AmerisourceBergen Corporation (NYSE:ABC) today reported results for its fiscal third quarter ended June 30, 2006. The following results are presented in accordance with U.S. generally accepted accounting principles (GAAP). All prior year share and per share amounts referenced in this news release were adjusted to reflect the Company's December 2005 two-for-one stock split.

Fiscal Third Quarter Highlights -- Diluted earnings per share from continuing operations of $0.58, including a $0.01 benefit from special items, up 21 percent. -- Record operating revenue of $14.4 billion, up 15 percent. -- Cash flow from operations of $178 million. Fiscal Nine Month Highlights -- Diluted earnings per share from continuing operations of $1.65, up 31 percent. -- Record operating revenue of $42.0 billion, up 13 percent. -- Cash flow from operations of $881 million. "Our June quarter results were excellent with pharmaceutical distribution continuing its strong performance and PharMerica improving," said R. David Yost, AmerisourceBergen's Chief Executive Officer. "Our record operating revenue was again above our expectations, and our outstanding earnings per share performance was driven by solid results in pharmaceutical distribution, including continued strong growth in our specialty business, improvement in PharMerica and our significant reduction in interest expense. With nearly $1.7 billion in cash, our balance sheet continues to be strong and our financial flexibility signifi...

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