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Almost Family Reports Third Quarter 2008 Results
Date:11/5/2008

N OF EBITDA: Nine months ended September 30,

2008 2007

Net income from continuing operations $11,197,914 $5,744,473

Add back:

Interest expense 733,833 650,408

Income taxes 6,996,271 3,711,412

Depreciation and amortization 1,151,895 625,700

Amortization of stock-based compensation 527,462 332,868

Earnings before interest, income taxes,

depreciation and amortization (EBITDA)

from continuing operations $20,607,374 $11,064,861

About Almost Family

Almost Family, Inc., founded in 1976, is a leading regional provider of home health nursing services, with branch locations in Florida, Kentucky, Connecticut, New Jersey, Ohio, Massachusetts, Alabama, Missouri, Illinois, Pennsylvania, and Indiana (in order of revenue significance). Almost Family, Inc. and its subsidiaries operate a Medicare-certified segment and a personal care segment. Altogether, Almost Family operates over 90 branch locations in 11 U.S. states.

Forward Looking Statements

All statements, other than statements of historical facts, included in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as "may," "will," "expect," "believe," "estimate," "project," "anticipate," "continue," or similar terms, variations of those terms or the negative of those terms. These forward-looking statements are based on the Company's current plans, expectations and projections about future events.

Because forward-looking statements involve risks and uncertainties, the Company's actual results could differ materially from any future results, perfo
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SOURCE Almost Family, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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