Getting your Trinity Audio player ready...
Caremark International Inc.’s third-quarter profit rose 21 percent, to $25.7 million, or 34 cents a share, from $21.2 million, or 29 cents a share, a year earlier. The Northbrook health-care specialist said sales rose 38 percent, to $630 million from $456 million.
For the first nine months, Caremark’s profit declined to $53.3 million, or 71 cents a share, from $55.5 million, or 77 cents a share, a year earlier. Sales increased to $1.8 billion from $1.3 billion. The company said that without a special charge in the latest nine months, profits would have been $68.2 million, or 91 cents a share.
