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AMERIGROUP Reports Q1 Net Income of $36.9 Million or $0.69 per Diluted Share
Date:5/1/2009

f investments, net (2,534) 109,702 Purchase of investments on deposit for licensure, net (13,604) (7,252) Purchase of property, equipment and software (6,339) (7,536) Proceeds from sale of contract rights 5,810 - ----- --- Net cash (used in) provided by investing activities (16,667) 94,914 ------- ------ Cash flows from financing activities: Repayments of borrowings under credit facility (127) (26,527) Payment of capital lease obligations - (146) Proceeds and tax benefits from exercise of stock options and change in bank overdrafts and other, net (1,955) 2,806 Treasury stock repurchases (6,375) (3,589) ------ ------ Net cash used in financing activities (8,457) (27,456) ------ ------- Net increase in cash and cash equivalents 10,982 60,855 Cash and cash equivalents at beginning of period 763,272 487,614 ------- ------- Cash and cash equivalents at end of period $774,254 $548,469 ======== ======== AMERIGROUP CORPORATION AND SUBSIDIARIES 2008 FULL-YEAR AND QUARTERLY SCHEDULES (1) 2008 ----------------------------
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Related medicine news :

1. Dr. Yvonne Sanders-Butler of Atlanta Honored as Healthy Hero By the AMERIGROUP Foundation
2. AMERIGROUP Corporation to Discuss First Quarter Earnings on May 1
3. AMERIGROUP Corporation to Present at the Goldman Sachs Leveraged Finance Healthcare Conference on April 8
4. AMERIGROUP Corporation to Present at the Barclays Capital Global Healthcare Conference on March 10
5. AMERIGROUP Foundation and Union City Board of Education Announce Winners of Word About Health Contest
6. AMERIGROUP Reports Q4 Net Income of $37.3 Million or $0.70 Per Diluted Share
7. AMERIGROUP Corporation Elects Emerson U. Fullwood to Board of Directors
8. AMERIGROUP Names Finley Chief Compliance Officer
9. AMERIGROUP Health Plan in Nevada Begins Serving Medicaid Enrollees
10. AMERIGROUP Corporation to Discuss Fourth Quarter Earnings on February 19
11. Atlanta Educator Kim Bearden Honored as Healthy Hero by AMERIGROUP Foundation
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