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

(375,110) -32.0%

1,865,031 43.0%

Unallocated corporate expenses 422,980 21.6%

1,422,051 60.6%

Interest expense 146,723 NM

Pre-tax income 1,295,328 55.3%

Income taxes $632,413 68.1%

Net income from continuing

operations 662,915 46.9%

Income (loss) from discontinued

operations, net of tax (62,064) NM

Net income 600,851 40.9%

Diluted earnings per share

Diluted shares outstanding (1) 280,660 5.2%

Continuing operations $0.10 39.6%

Discontinued operations (0.01) NM

0.09 33.9%

Continuing Operations

EBITDA $1,471,294 56.8%

Effective tax rate 3.3%

(1) shares adjusted to give effect to 2-for-1 share split completed in

January 2007

NM=Not Meaningful

Year End Results Net Income From Continuing Operations grew 81% to $7,814,474 or $1.40 per diluted share for the year ended December 2007 as compared to $4,315,291 or $0.80 per diluted share in 2006. Revenues grew 46% to $132 million in 2007 from $91 million in 2006.

Revenues in the VN segment grew 74% over the same period last year. Acquired operations contributed approximately $29.8 million of that revenue growth. The $11.2 million balance of the VN revenue increase came from internal growth. Net income including
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SOURCE Almost Family, Inc.
Copyright©2008 PR Newswire.
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