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Almost Family Announces Record Quarterly and Year End Results
Date:3/10/2008

FY 2007 EPS from Continuing Operations up 72% over 2006

LOUISVILLE, Ky., March 10 /PRNewswire-FirstCall/ -- Almost Family, Inc. (Nasdaq: AFAM) today announced its operating results for the quarter and year ended December 31, 2007 with record performance reported for both periods.

Fourth Quarter Financial Highlights

-- Net Income From Continuing Operations was $2,075,903 or $0.37 per

diluted share in the quarter ended December 31, 2007 as compared to

$1,412,988 or $0.26 per diluted share in the same quarter of 2006 for

diluted EPS growth of 40%.

-- Consolidated revenues increased approximately 38% over the same quarter

last year.

-- The Company's VN segment revenues grew 58% over the same quarter last

year.

-- VN markets with no acquisition activity generated 27% revenue growth,

while markets with acquisitions added $6.7 million to revenue for the

quarter. VN markets with no acquisition activity generated 32% of the

VN segment's revenue growth over the same quarter of last year.

Fiscal Year Financial 2007 Highlights

-- Net Income From Continuing Operations was $7,814,474 or $1.40 per

diluted share in 2007 as compared to $4,315,291 or $0.81 per diluted

share in 2006 for diluted EPS growth of 72%.

-- Consolidated revenues increased approximately 46% over last year

-- The Company's VN segment revenues grew 74% over last year

-- During 2007, the Company invested approximately $11 million of capital

in acquisitions of home health agencies.

-- VN markets with no acquisition activity generated 27% revenue growth,

while markets with acquisitions
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SOURCE Almost Family, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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