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

epidemics, pandemics, acts of terrorism or severe weather; and the unfavorable resolution of new or pending litigation. There can also be no assurance that we will achieve the estimated earnings discussed in this release or that our actual results for 2009 will not differ materially from our current estimates. Our ability to achieve the earnings described is subject to a variety of factors, including those described above, many of which are out of our control.

Investors should also refer to our annual report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission ("SEC") and subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with or furnished to the SEC, for a discussion of certain known risk factors that could cause our actual results to differ materially from our current estimates. Given these risks and uncertainties, we can give no assurances that any forward-looking statements will, in fact, transpire and, therefore, caution investors not to place undue reliance on them. We specifically disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

                  AMERIGROUP CORPORATION AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED INCOME STATEMENTS
               (dollars in thousands, except per share data)
                                (unaudited)

                                                   Three months ended
                                                       March 31,
                                                       ---------
                                                      2009       2008
                                                      ----       ----

    Revenues:
        Premium                                  $1,217,447 $1,050,004
        Investment income and ot
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SOURCE AMERIGROUP Corporation
Copyright©2009 PR Newswire.
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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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