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

Adjusted and As Reported Reclassified Revenues: Premium $4,444,623 $4,366,359 Investment income and other 71,383 71,383 ------ ------ Total revenues 4,516,006 4,437,742 Expenses: Health benefits 3,618,261 3,618,261 Selling, general and administrative 607,897 435,876 Premium taxes - 93,757 Litigation settlement 234,205 234,205 Depreciation and amortization 37,385 37,385 Interest 11,170 20,514 ------ ------ Total expenses 4,508,918 4,439,998 --------- --------- Income (loss) before income taxes 7,088 (2,256) Income tax expense 57,750 54,350 ------ ------ Net loss $(50,662) $(56,606) ======== ======== Diluted net loss per share $(0.96) $(1.07) ====== ====== Diluted net income per share less impact of litigation settlement $2.77 $2.66 ===== ===== Health benefits expense ratio(2) 81.4% 82.9% Selling, general and adminis
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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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