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Amedisys Reports Record Third Quarter Revenue and Earnings
Date:10/30/2007

Company Again Raises 2007 Revenue and EPS Guidance; Provides Preliminary

2008 Guidance

Amedisys to Host Conference Call Today at 10:00 AM ET

BATON ROUGE, La., Oct 30 /PRNewswire-FirstCall/ -- Amedisys, Inc. (Nasdaq: AMED) ("Amedisys" or "the Company"), one of America's leading home health nursing companies, today reported its financial results for the third quarter ended September 30, 2007:

Three-Month Periods Ended September 30, 2007 and 2006

-- Net service revenue was $180.9 million, up 32.0% compared to $137.0

million reported for the third quarter of 2006.

-- Net income was $20.2 million or $0.77 per diluted share, inclusive of

$4.2 million related to Alliance* or $0.16 per diluted share.

Excluding the Alliance gain, net income was $16.0 million, up 51.6%

compared to $10.6 million for the third quarter of 2006, with diluted

earnings per share of $0.61 for the third quarter of 2007, up 27.1%

from $0.48 per diluted share for the third quarter of 2006.

-- Diluted weighted average number of shares outstanding approximated

26.3 million compared to 21.9 million in the third quarter of 2006.

-- Earnings before interest, taxes, depreciation and amortization

("EBITDA"), excluding Alliance was $29.5 million, up 44.5% compared to

$20.4 million during the third quarter of 2006.

Nine-Month Periods Ended September 30, 2007 and 2006

-- Net service revenue was $503.9 million, up 26.9% compared to $397.1

million reported for 2006.

-- Net income was $48.4 million or $1.85 per diluted share, inclusive of

$4.2 million r
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SOURCE Amedisys, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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