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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


Diluted 18,794,182 18,625,252 N/A

Nine Months Ended September 30,


(in thousands, except Predecessor

per share data) 2008 2007 2007

Net revenues $26,323 $- $23,528

Operating expenses:

Cost of Revenues -- Product

and supply costs 4,182 - 3,746

Cost of Revenues -- Pump

depreciation 2,908 - 2,307

Provision for doubtful accounts 2,477 - 3,278

Amortization of intangibles 1,370 - -

Selling and marketing 3,401 - 3,030

General and administrative 8,737 3,002 5,340

Total Operating Expenses 23,075 3,002 17,701

Other income (expense):

Gain (loss) on derivatives 8,665 (675) -

Interest income 14 3,534 -

Interest expense (2,828) (33) 237

Total other income 5,851 2,826 237

Income (loss) before income taxes 9,099 (176) 6,064

Income tax expense (399) (752) (2,460)

Net income (loss) 8,700 (928) 3,604

Net income (loss) per share:

Basic 0.49 (0.05) N/A

Diluted 0.47 (0.05) N/A

Weighted average shares


Basic 17,757,075* 18,625,252 N/A'/>"/>

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

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