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InfuSystem Holdings Reports 14.5% Revenue Increase and Approximately $3.6 Million of Adjusted EBITDA for the Third Quarter of 2008



Three Months Ended September 30,


(in thousands, except Predecessor

per share data) 2008 2007 2007

Net revenues $8,958 $- $7,822

Operating expenses:

Cost of Revenues -- Product

and supply costs 1,340 - 1,159

Cost of Revenues -- Pump

depreciation 978 - 1,032

Provision for doubtful

accounts 702 - 619

Amortization of intangibles 456 - -

Selling and marketing 1,131 - 1,036

General and administrative 2,703 699 1,732

Total Operating Expenses 7,310 699 5,578

Other income (expense):

Gain (loss) on derivatives 5,381 (675) -

Interest income 11 1,210 -

Interest expense (937) (18) -

Total other income 4,455 517 -

Income (loss) before income taxes 6,103 (182) 2,244

Income tax expense (399) (323) (936)

Net income (loss) 5,704 (505) 1,308

Net income (loss) per share:

Basic 0.31 (0.03) N/A

Diluted 0.30 (0.03) N/A

Weighted average shares outstanding:

Basic 18,442,957* 18,625,252 N

SOURCE InfuSystem Holdings, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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