HealthExtras? income grows 69 percent in first quarter

HealthExtras Inc., a Rockville-based pharmacy benefit management company, announced a 69 percent increase in net income for the first quarter of 2007, compared with the same time a year ago.

Net income spiked to $9.7 million this quarter, compared with $5.8 million in 2006?s opening quarter. Revenues also jumped, rising 70 percent for the quarter to $406.4 million.

The number of processed prescriptions nearly doubled during the quarter to almost 10 million, the company said.

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