Navigation Links
Lincare Holdings Inc. Announces Third Quarter and First Nine Months 2008 Financial Results
Date:10/20/2008

CLEARWATER, Fla., Oct. 20 /PRNewswire-FirstCall/ -- Lincare Holdings Inc. (Nasdaq: LNCR), a leading provider of oxygen and other respiratory therapy services delivered to patients in the home, today announced financial results for the three and nine months ended September 30, 2008.

For the quarter ended September 30, 2008, revenues were $405.7 million compared with revenues of $408.2 million for the third quarter of 2007. The Company estimates that the change in net revenues was comprised of approximately 5% internal growth, offset by Medicare price reductions of approximately 6% taking effect in 2008. Net income for the quarter ended September 30, 2008, was $55.8 million compared to net income of $58.6 million for the third quarter of 2007. Diluted earnings per share were $0.76 for the quarter ended September 30, 2008, compared with $0.66 diluted earnings per share for the comparable prior year period.

Revenues for the nine months ended September 30, 2008, were $1.249 billion, a 6% increase over revenues of $1.184 billion for the comparable period in 2007. The Company estimates that the increase in net revenues was comprised of approximately 10% internal growth, partially offset by Medicare price reductions of approximately 5% taking effect in 2008. Net income for the nine months ended September 30, 2008, was $179.0 million compared to net income of $168.5 million for the first nine months of 2007. Diluted earnings per share were $2.38 for the nine months ended September 30, 2008, compared with $1.89 diluted earnings per share for the comparable period last year.

As previously reported, revenues and earnings were impacted in the second and third quarters of 2008 by a change in ordering patterns for certain inhalation
'/>"/>

SOURCE Lincare Holdings Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine news :

1. Lincare Holdings Inc. Announces First Quarter 2008 Financial Results
2. Lincare Holdings Inc. Announces Fourth Quarter and Year Ended 2007 Financial Results
3. Lincare Holdings Inc. Reports Intention to File Shelf Registration Statement
4. Lincare Holdings Inc. Prices $500 Million Convertible Senior Debentures Offering
5. Lincare Holdings Inc. Announces Third Quarter and First Nine Months 2007 Financial Results
6. MINRAD International, Inc. Announces Change in Distribution Agreement with RxElite Holdings, Inc.
7. Z Trim Holdings, Inc. Releases Letter to Shareholders
8. Z Trim Holdings, Inc. Announces Private Placement Funding
9. MBF Healthcare Acquisition Corp. Amends Stock Purchase Agreement With Critical Homecare Solutions Holdings, Inc. to Extend Termination Date to October 31, 2008
10. Zimmer Holdings to Present at Thomas Weisel Partners Conference
11. HMS Holdings Corp. to Present at Thomas Weisel Partners 2008 Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/2/2015)... Kan. (PRWEB) , ... July 02, 2015 , ... ... dedicated exclusively to healthcare providers, has been retained to lead a national ... of the top executive search firms in the healthcare industry, B. E. Smith ...
(Date:7/2/2015)... ... ... After conducting a nationwide executive search led by healthcare leadership solutions ... hired Robert Trenschel, DO, as chief executive officer. A veteran physician executive with 20 ... duties at Yuma Regional Medical Center on July 13. , “Dr. Trenschel brings an ...
(Date:7/2/2015)... Dallas, TX (PRWEB) , ... July 02, 2015 ... ... and the overall status of the Gelatin Capsule manufacturers. The report is a ... industry. , The report depicts the global and Chinese market for the Gelatin ...
(Date:7/2/2015)... ... July 02, 2015 , ... Evolved ... with their launch an intention to partner with companies that share a similar ... planet. Their innovative water soluble, Cannabidiol (CBD) formulations, combined with Ayurvedic herbs, are ...
(Date:7/2/2015)... AL (PRWEB) , ... July 02, 2015 , ... Every year, DUI arrests and fatalities ... July may be the deadliest day of the year when it comes to being on ... “The National Highway Traffic Safety Association reports that 40% of all highway deaths between 2007 ...
Breaking Medicine News(10 mins):Health News:Indiana Blood Center Retains B. E. Smith to Recruit New Chief Executive Officer 2Health News:Indiana Blood Center Retains B. E. Smith to Recruit New Chief Executive Officer 3Health News:Yuma Regional Medical Center Hires New Chief Executive Officer 2Health News:Yuma Regional Medical Center Hires New Chief Executive Officer 3Health News:Gelatin Capsule Market Outlook & Forecast Report 2015-2020 2Health News:Gelatin Capsule Market Outlook & Forecast Report 2015-2020 3Health News:Gelatin Capsule Market Outlook & Forecast Report 2015-2020 4Health News:New Water Soluble CBD Provides Manufacturers & Distributors a More Effective, Safe, & Cost Efficient Alternative to Traditional CBD Oil 2Health News:New Water Soluble CBD Provides Manufacturers & Distributors a More Effective, Safe, & Cost Efficient Alternative to Traditional CBD Oil 3Health News:Attorney David Maloney Stresses Safety through Sobriety 2
... , FRIDAY, Sept. 2 (HealthDay News) -- Climate ... departments in the next decade. The prediction was ... regional and atmospheric models. They linked N.Y. State Department ... on asthma-related emergency department visits by children in 14 ...
... to predict which heart transplant patients are at greatest risk ... could help medical teams figure out who would benefit most ... are a limited resource," says John V. Conte, M.D., a ... Medicine and the senior author of the study. "Now, we ...
... News) -- Researchers using scanning technology say they discovered ... autism compared to those of kids without autism. ... children with 92 percent accuracy," based on the volume ... Lucina Uddin, first author of a new study and ...
... (HealthDay News) -- A rapid rise in hookah use in California ... water pipe used for smoking tobacco. An analysis of state data ... more than 40 percent between 2005 and 2008. In 2008, ... higher (24.5 percent of men, 10 percent of women) than it ...
... (HealthDay News) -- Traffic safety should be among a child,s first ... in the United States, more than 25,000 pedestrians aged 5 to ... and Prevention. "Kids who are struck by cars are among ... Because of their height, when a car hits a child, the ...
... Ian Roberts, Head of the World Health Organisation Collaborating Centre ... Tropical Medicine, the recent episode ("Big Lies, Small Lies") seriously ... VIIa (the drug presented in the programme) was shown to ... clotting but it has never been shown to save lives. ...
Cached Medicine News:Health News:Researchers develop new way to predict heart transplant survival 2Health News:Brain Scans Show Distinct Traits in Kids With Autism: Study 2Health News:Hookah Use Growing Among Young Adults in California 2Health News:Traffic Safety Should Be Among First Lessons in New School Year 2Health News:Trauma experts criticize BBC's Holby City for 'peddling dangerous drugs' 2
(Date:7/2/2015)... 2, 2015 Pharma Major Lupin Limited ... "Biocom" in Russia subject to certain ... pharmaceutical market which recorded RUB 765 billion in sales, placing ... the world in 2014 (IMS Health). For over a decade, ... continue with this trend, projecting Russia ...
(Date:7/2/2015)... 2015  Konica Minolta, Inc. (Konica Minolta) ( ... acquired Sawae Technologica Ltda., an X-ray system equipment manufacturer ... through its Brazilian healthcare sales company, Konica Minolta Healthcare ... Brazil market investment and growth ... 200 million, significant healthcare technical advancements and efficiencies are ...
(Date:7/2/2015)... , South Korea, July 2, 2015 ALPINION ... a new E-CUBE Series ultrasound system. Developed to enhance ... clinical areas, the E-CUBE 15 EX produces superb image ... clinical performance in women,s health, general imaging, and shared ... The latest in the renowned E-CUBE Series, the ...
Breaking Medicine Technology:Lupin Acquires Biocom in Russia 2Lupin Acquires Biocom in Russia 3Konica Minolta Acquires Sawae, Enhancing Digital X-ray Diagnostic Imaging Systems in Brazil 2Konica Minolta Acquires Sawae, Enhancing Digital X-ray Diagnostic Imaging Systems in Brazil 3E-CUBE 15 EX from ALPINION Enhances User Experience and Patient Care 2E-CUBE 15 EX from ALPINION Enhances User Experience and Patient Care 3
... The quanTtest human protein standards are available ... 100 and 200 mg/dL and are packaged ... liquid, ready-to-use, requiring no reconstitution or dilution ... using purified human albumin and human globulin ...
... binding method provides a simple, ready-to-use ... with greater linearity, using microliter samples ... in manual or automated systems. Assay ... 2, 3, 4 & 5), reagents, ...
... This control is intended as a ... testing methods. A new feature is ... CRP. It is compatible with most ... ACS:180, Access, Dimension, Elecsys, Stratus and ...
The Clearblue Easy Ovulation Test detects the surge of "luteinizing hormone in your urine, which usually happens 24 to 36 hours before you ovulate (release an egg). That means youll know the 2 best ...
Medicine Products: