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Critical Homecare Solutions Holdings, Inc. Reports Full Year 2007 and First Quarter 2008 Results
Date:6/23/2008

ses:

Cost of goods (excluding

depreciation and

amortization) 16,340 13,551 52,755 7,472

Cost of services provided 10,647 9,596 42,590 1,680

Selling, distribution,

and administrative

expenses 18,007 15,115 67,505 5,507

Provision for doubtful

accounts 1,302 1,059 4,567 601

Depreciation and

amortization 775 648 3,406 416

Write-off of stock

issuance costs 61 - 4,379 -

Total costs and expenses 47,132 39,969 175,202 15,676

Operating income 7,546 4,493 18,651 1,221

Interest and other

financing costs (3,738) (4,232) (15,324) (756)

Other income (expense), net - 303 613 (1)

Income before income taxes 3,808 564 3,940 464

Provision for income taxes 1,903 333 2,328 178

Net income 1,905 231 1,612 286

Per share data:

Basic earnings per share 0.02 - 0.02 0.01

Diluted earnings per

share 0.02 - 0.02 0.01

Weighted average number

of common shares

outstanding:

Basic 90,898,079 79,016,667 86,050,106 25,350,000

Diluted 94,845,460 79,016,667 84,840,355 25,350,000

CRITICAL HOMECARE SOLUTIONS HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(dollars in thousands, except per share data)

Period


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SOURCE Critical Homecare Solutions Holdings, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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