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Gentiva Reports First Quarter 2009 Results
Date:4/30/2009

Statements of Income -------------------- Net revenues $288,917 $321,633 Cost of services and goods sold 140,809 185,110 ------- ------- Gross profit 148,108 136,523 Selling, general and administrative expenses (125,355) (117,880) Gain on sale of business, net 5,832 - Interest expense (3,192) (6,093) Interest income 801 667 --- --- Income before income taxes 26,194 13,217 Income tax expense 8,450 5,494 ----- ----- Income before equity in net earnings of affiliate 17,744 7,723 Equity in net earnings of affiliate 278 - --- --- Net income $18,022 $7,723 ======= ====== Earnings per Share ------------------ Net income: Basic $0.62 $0.27 ===== ===== Diluted $0.60 $0.27 ===== ===== Average shares outstanding: Basic 28,944 28,282
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SOURCE Gentiva Health Services, Inc.
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