Gentiva(R) Health Services Announces Fourth Quarter and Fiscal 2007 Results, and Raises 20...(through its direct service delivery unit...),Health

Date:2/14/2008

through its direct service delivery units or through CareCentrix(R), which manages home health services for major managed care organizations. Gentiva is a single source for skilled nursing; physical, occupational, speech and neurorehabilitation services; hospice services; social work; nutrition; disease management education; help with daily living activities; respiratory therapy and home medical equipment; infusion therapy services; and other therapies and services. Gentiva's revenues are generated from federal and state government programs, commercial insurance and individual consumers. For more information, visit Gentiva's web site, http://www.gentiva.com, and its investor relations section at http://investors.gentiva.com. GTIV-E

(tables and notes follow)

(in 000's, except per share data)

4th Quarter Fiscal Year

2007 2006 2007 2006

Statements of Income

Net revenues $313,396 $293,118 $1,229,297 $1,106,588

Cost of services and goods

sold 180,154 169,510 705,592 644,274

Gross profit 133,242 123,608 523,705 462,314

Selling, general and

administrative expenses 113,247 108,471 444,042 408,271

Operating income 19,995 15,137 79,663 54,043

Interest expense (6,636) (7,303) (27,285) (24,685)

Interest income 768 765 3,204 3,284

Income before income taxes 14,127 8,599 55,582 32,642

Income tax expense 5,281 3,087 22,754 11,866

Net income $8,846 $5,512 $32,828 $20,776

Earnings per Sha
'/>"/>

SOURCE Gentiva Health Services, Inc. Copyright©2008 PR Newswire. All rights reserved

0 GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Related medicine news :

1. Gentiva(R) Health Services and CIGNA HealthCare Extend National Homecare Contract Through January 31, 2011
2. Gentiva(R) Health Services Agrees to Acquire Major Home Health Provider in CON State of Mississippi
3. Gentiva(R) Health Services Promotes Boelsen to Senior Vice President, CareCentrix(R)
4. Gentiva(R) Health Services to Present January 8 at JPMorgan Healthcare Conference in San Francisco
5. Gentiva(R) Health Services to Present November 7 at CIBC Healthcare Conference in New York
6. Gentiva(R) Health Services Schedules Third Quarter Earnings Call and Web Cast for Thursday, November 1, 2007
7. Gentiva(R) Health Services Files Universal Shelf Registration Statement
8. XTend Medical (XMDC) Begins Remote Diabetic Telehealth Program
9. Underserved Women and Children in Oakland County Get Big Boost for Free Health Care from Chrysler 300C Lease Giveaway
10. AIDS Action Asks Mass. Public Health Council to Forge a State AIDS Plan to Help Stop HIV/AIDS Here
11. Is a Common Cold a Serious Health Condition?