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Gentiva Reports Third Quarter Revenue and Profit Growth
Date:10/30/2008

call.

About Gentiva Health Services, Inc.

Gentiva Health Services, Inc. is the nation's leading provider of comprehensive home health services, delivering innovative, high quality care to patients across the United States. 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. 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) 3rd Quarter Nine Months

2008 2007 2008 2007

Statements of Income

Net revenues $347,561 $309,082 $1,017,508 $915,901

Cost of services and goods

sold 196,581 179,041 578,525 525,438

Gross profit 150,980 130,041 438,983 390,463

Selling, general and

administrative expenses (127,909) (110,299) (371,358) (330,795)

Gain on sale of business, net 107,872 - 107,872 -

Interest expense (4,191) (6,564) (15,876) (20,649)

Interest income 338 810 1,278 2,436

Income before income taxes 127,090 13,988 160,899 41,455

Income tax expense 6,218 5,797 20,280 17,473

Income before equity in net

earnings of affiliate 120,872 8,191 140,619 23,9
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SOURCE Gentiva Health Services, Inc.
Copyright©2008 PR Newswire.
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