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Lincare Holdings Inc. Announces Fourth Quarter and Year Ended 2007 Financial Results
Date:2/11/2008

n assumptions relating to reimbursement rates and policies, internal growth and acquisitions and the outcome of various legal and regulatory proceedings. If the assumptions used by Lincare differ materially from what actually occurs, then actual results could vary significantly from the performance projected in the forward-looking statements. Lincare is under no duty to update any of the forward-looking statements after the date of this release.

LINCARE HOLDINGS INC.

Financial Summary

(Unaudited)

(In thousands, except share and per share data)

For the three months ended

December 31, December 31,

2007 2006

Net revenues $412,296 $368,064

Costs and expenses:

Costs of goods and services 100,390 83,162

Operating expenses 92,077 86,624

Selling, general and administrative

expenses 81,532 74,269

Bad debt expense 6,185 5,521

Depreciation expense 32,523 26,600

Amortization expense 63 204

Operating income 99,526 91,684

Interest expense, net 8,535 1,996

Income before income taxes 90,991 89,688

Income taxes 33,403 32,720

Net income $57,588 $56,968

Basic earnings per common share
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SOURCE Lincare Holdings Inc.
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