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Almost Family Announces Record Quarterly and Year End Results

come including discontinued operations, was $2,069,916 or $0.37 per diluted share in the quarter ended December 31, 2007 and $1,469,065 or $0.27 per diluted share in 2006.

The number of weighted average shares outstanding for purposes of calculating diluted earnings per share increased 5% between periods.

VN Revenue Comparison for the Quarter

Due to the significant impact of acquisition activities on VN revenue growth, the following tables are presented comparing revenue growth by market type for the quarters ended December 31, 2007 and 2006:

VN Revenue Comparison

by Market Type - All # of

VN Operations Mkts 2007 2006 Change Percent

Newly acquired markets 16 $7,249,942 $1,230,132 $6,019,810

Markets with in-market

acquisitions 10 4,923,509 4,247,427 676,082 15.9%

Acquisition related

markets 26 12,173,451 5,477,559 6,695,892

Markets with no

acquisition impact 25 14,658,264 11,543,384 3,114,880 27.0%

51 $26,831,715 $17,020,943 $9,810,772 57.6%

VN revenues grew approximately $9.8 million between years of which 61% came from newly acquired markets, 7% came in markets with in-market acquisitions and 32% came from markets with no acquisition impact.

Results of operations for the quarters ended December 31, 2007 and 2006 are set forth in the tables below:

December December

2007 2006

Amount % Rev Amount % Rev

Net revenues

Visiting Nurses $26,831,715 74.8% $17,020,943 65.6%

Personal Care 9,044,670 25.2% 8,932,482 34.4%

$35,876,385 100.0% $25,953,425 100.0%


SOURCE Almost Family, Inc.
Copyright©2008 PR Newswire.
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