Navigation Links
Lincare Holdings Inc. Announces First Quarter 2009 Financial Results
Date:4/20/2009

ed, out-of-the money stock options for no compensation in return. The cancellation of these stock options resulted in acceleration of future stock option compensation expense (included in selling, general and administrative expenses) of $4.7 million before taxes, or a non-cash charge of $0.04 net income per share during the period.

John P. Byrnes, Lincare's Chief Executive Officer, said, "We are pleased with Lincare's operating and financial performance in the first quarter of 2009. The Medicare changes effective as of January 1st of this year have had an enormous impact on our business. We are confident that we are uniquely positioned to gain market share in our core respiratory business as our competitors struggle to deal with the severe financial consequences of the Medicare cuts."

Lincare generated $78.3 million of cash from operating activities during the first quarter of 2009 and invested $36.8 million in net capital expenditures. The Company repurchased 4.5 million shares of its common stock during the quarter for $100.2 million and common shares outstanding at March 31, 2009 were 69,889,768 shares. As of March 31, 2009, total debt outstanding was $464.9 million and cash and investments were $74.0 million.

Lincare, headquartered in Clearwater, Florida, is one of the nation's largest providers of oxygen and other respiratory therapy services to patients in the home. The Company provides services and equipment to more than 700,000 customers in 48 states through 1,056 local centers.

Statements in this release concerning future results, performance or expectations are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All forward-looking statements included in this document are based upon information available to Lincare as of the date hereof and Lincare assumes no obligation to update any such forward-looking statements. Th
'/>"/>

SOURCE Lincare Holdings, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine news :

1. Lincare Holdings Inc. Announces Third Quarter and First Nine Months 2007 Financial Results
2. Lincare Holdings Inc. Prices $500 Million Convertible Senior Debentures Offering
3. Lincare Holdings Inc. Reports Intention to File Shelf Registration Statement
4. Lincare Holdings Inc. Announces Fourth Quarter and Year Ended 2007 Financial Results
5. Lincare Holdings Inc. Announces First Quarter 2008 Financial Results
6. Lincare Holdings Inc. Announces Third Quarter and First Nine Months 2008 Financial Results
7. Lincare Holdings Inc. Announces Fourth Quarter and Year Ended 2008 Financial Results
8. Zimmer Holdings Offer and ORTHOsoft Directors Circular Mailed to Shareholders
9. China Holdings Appoints Ronald Shon Chairman of Advisory Board to Its Wholly-Owned Subsidiary China Power, Inc.
10. China Shenghuo Pharmaceutical Holdings, Inc. Begins Full-Scale Launch of 12Ways(R) Chinese Herbal Skin Care Product Line
11. AHPC Holdings, Inc. Announces Intent to Deregister Common Stock With Securities and Exchange
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/23/2014)... November 23, 2014 SWAccessControl.com's high quality ... market. Recently, the company has announced its new collection ... offer on these high quality power suppliers. All the ... off. The special offer lasts until Dec. 20, 2014. ... of them have been supporting it for a long ...
(Date:11/23/2014)... “BlackVue” was featured on NewsWatch as part of ... latest and coolest technology products available to consumers. Mallory ... the product review and shared with viewers how their ... car camera industry. , The need for in-car video ... find the one that’s right per consumer, especially considering ...
(Date:11/23/2014)... 2014 BambooFlooringChina.com , the world’s leader ... strand woven bamboo flooring collection. Now, the business is ... company’s CEO, the promotion is valid until Dec. 20, 2014. ... a smooth and dust-free surface, which makes it very easy ... industry, the company wants to make its website the best ...
(Date:11/22/2014)... (PRWEB) November 23, 2014 Cancer researchers ... a connection between intercellular communication tunnels and the growth ... the full story on the Surviving Mesothelioma website. ... and the University of Minnesota have just released their ... information and materials between cells. They found that ...
(Date:11/22/2014)... Recently, Locks-Magnetic.com , one of the successful ... mag locks for glass doors online. In addition, the ... fresh products. Customers can get more information on its ... in excellent performance. Customers who want to buy this ... possible. They also can enjoy the one-stop shopping ...
Breaking Medicine News(10 mins):Health News:Cheap Access Control Power Supplies Online Now at SWAccessControl.com, Special Offer Until Dec. 20, 2014 2Health News:A Leader in Front and Rear Facing In-Car Cameras was Featured on NewsWatch Television on October 30, 2014 2Health News:Click Strand Woven Bamboo Flooring From Famous Bamboo Flooring Company BambooFlooringChina.com 2Health News:Study Links Cellular ‘Tunnels’ to Mesothelioma Proliferation, According to Surviving Mesothelioma 2Health News:Discounted Mag Locks for Glass Doors Revealed by Locks-Magnetic.com 2
... HealthDay Reporter , THURSDAY, July 29 (HealthDay News) -- ... other when it comes to what patients believe about their ... and what,s the best way to manage the problem, new ... a lack of communication, researchers said. Patients who were "active ...
... cell that has been largely ignored by cancer researchers can, ... by Howard Hughes Medical Institute (HHMI) scientists and their colleagues. ... at the University of California, Los Angeles (UCLA) found that ... the prostate gland. Their studies, which were unveiled in the ...
... Neuroscientists have long wondered how individual connections between brain cells ... in the prestigious science journal Neuron , a new ... of Medicine at Tel Aviv University describes what makes some ... natural molecule that occurs in the brain, which could be ...
... likely the cause of the feminization of fish say researchers ... their study in the journal Environmental Toxicology and Chemistry ... huge geographical area we covered. We found that chemicals ... harm fish were present along approximately 600 km of river," ...
... HealthDay Reporter , THURSDAY, July 29 (HealthDay News) -- Will ... class? Will panels decide what care very sick, older people ... A new Harris Interactive/HealthDay poll shows confusion still reigns when ... President Barack Obama back in March. More than 2,100 ...
... release is available in Spanish . , Mushrooms ... role in keeping the immune system healthy. Now, Agricultural Research ... showing that white button mushrooms enhanced the activity of critical ... States, white button mushrooms represent 90 percent of the total ...
Cached Medicine News:Health News:Doctors, Patients Rarely on Same Page 2Health News:Doctors, Patients Rarely on Same Page 3Health News:A new ground zero for prostate cancer 2Health News:A new ground zero for prostate cancer 3Health News:Memory's master switch 2Health News:Memory's master switch 3Health News:Gender-bending fish on the rise in southern Alberta 2Health News:Americans Still Confused About Health Reform 2Health News:Americans Still Confused About Health Reform 3Health News:Americans Still Confused About Health Reform 4
(Date:11/21/2014)... GABLES, Fla. , Nov. 20, 2014   ... to become the first U.S. commercial producer of Molybdenum-99 ... a contract with INVAP to design its ... Fla. Mo-99 is the parent isotope of ... medicine procedures worldwide. In 2012, Congress passed legislation making ...
(Date:11/21/2014)... , Nov. 21, 2014  Lexicon Pharmaceuticals, Inc. (Nasdaq: ... its previously announced underwritten public offering of $50,000,000 of ... shelf registration statement. The offering will consist of 49,751,244 ... of $1.005 per share.  Lexicon has also granted the ... additional shares of common stock.  All of the shares ...
(Date:11/18/2014)... 18, 2014 Respiratory Motion and IMI Co ... device and services providers in Japan ... Motion,s innovative respiratory depression monitor, the ExSpiron™. As part ... working together to connect the clinical community in promoting ... of bringing innovative medical devices and new technology to ...
Breaking Medicine Technology:Coqui RadioPharmaceuticals Inks Deal With INVAP 2Lexicon Announces Pricing Of Common Stock Offering 2Lexicon Announces Pricing Of Common Stock Offering 3Prominent Japanese Med Device Provider to be Respiratory Motion's Exclusive Partner for World's #2 Medical Market 2Prominent Japanese Med Device Provider to be Respiratory Motion's Exclusive Partner for World's #2 Medical Market 3Prominent Japanese Med Device Provider to be Respiratory Motion's Exclusive Partner for World's #2 Medical Market 4
... 14 Merrimack Pharmaceuticals,Inc. today announced that enrollment ... 100 patients that evaluates the safety and efficacy ... rheumatoid arthritis (RA). MM-093 is a,recombinant version of ... Phase 2 study is,being conducted at 20 centers ...
... Inc.,(Amex: ILE ) announced today the completion ... II/III Study IT-A-008 investigating the Isolagen,Therapy(TM) for the ... will be administered at seven clinical sites across ... Isolagen Therapy could hold great promise for the,treatment ...
Cached Medicine Technology:Merrimack Pharmaceuticals Completes Enrollment in a Phase 2 Study of MM-093 in Patients with Rheumatoid Arthritis 2Isolagen, Inc. Completes Enrollment in Isolagen Therapy(TM) Phase II/III Acne Scar Study 2Isolagen, Inc. Completes Enrollment in Isolagen Therapy(TM) Phase II/III Acne Scar Study 3
Omniseal TD mat. Reusable rubber mat for sealing PCR plates. 5 pk....
Inquire...
... heat-resistant, aluminum foil film designed for the ... minimizes evaportaion and vapor loss during thermal ... devices or mats. Its proprietary adhesive ... Compared to other aluminum foils, AlumaSeal ...
Microseal 'F' foil, seals plates for cold storage (or cycling >25l), disposable, pkg of 100...
Medicine Products: