Navigation Links
Providence Service Corporation Announces Record Revenues and Earnings in the First Quarter of 2009
Date:5/6/2009

First Quarter Highlights:

- Revenue gained 7.5% to $187 million compared to Q1 2008

- Net income increased 58.7% compared to Q1 2008, rising to $5.9 million, or $0.44 per diluted share

- Increases in client census and rate combined with increased efficiencies in operations contributed to record earnings

- Cash from operations totaled $7.8 million

- Sale of NET Services operations suspended by Providence

TUCSON, Ariz., May 6 /PRNewswire-FirstCall/ -- The Providence Service Corporation (Nasdaq: PRSC) today announced results for the first quarter of 2009 ended March 31, 2009.

For the first quarter of 2009, the Company reported revenue of $186.7 million, an increase of approximately 7.5% from $173.7 million for the comparable period in 2008. Revenue from Providence's social services segment grew 9.1% to $85.2 million in the first quarter compared to $78.1 million in the prior year period while revenue from its non-emergency transportation (NET) services business totaled $101.5 million in the first quarter of 2009, an increase of 6.2% from $95.6 million in the first quarter of 2008.

Operating income increased 37.4% to $15.0 million in the first quarter of 2009 compared to $10.9 million recorded in the year ago period. Net income gained 58.7% to $5.9 million, or $0.44 per diluted share, in the quarter ended March 31, 2009, and included approximately $2.1 million in costs and expenses related to the amended credit agreement, the now abandoned consent solicitation and costs related to the potential sale of non-strategic assets. In the year ago quarter, net income was $3.7 million, or $0.29 per diluted share.

Providence's direct client census was approximately 60,000 at March 31, 2009, up from over 55,000 at Mar
'/>"/>

SOURCE Providence Service Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine news :

1. Providence Service Corporation to Report First Quarter 2009 Results on Wednesday, May 6th After the Market Closes
2. Providence Service Corporation to Present at the CIT 4th Annual Healthcare Conference on April 21
3. Providences LogistiCare Subsidiary Receives Notice of Award for Five Year Approximately $300 Million New Jersey Statewide Non-Emergency Medical Transportation Contract
4. Providence Service Corporation Releases Fourth Quarter and Audited Year End 2008 Results
5. The Providence Service Corporation Announces Credit Agreement Amendment With Its Lender Syndicate
6. Providence Service Corporation to Report Fourth Quarter and Year End 2008 Results on Monday, March 16th Before the Market Opens
7. Providence Service Corporation Announces That Avalon Correctional Services Has Abandoned Its Consent Solicitation
8. Providence Service Corporation Announces Bylaw Amendments to Improve Corporate Governance
9. Providence Service Corporation California Subsidiary Awarded $1.5 Million Contract Under States Mental Health Services Act
10. Providence Service Corporation Comments on $87 Billion Medicaid Assistance for States in the American Recovery and Reinvestment Act Signed into Law Yesterday
11. Providence Service Corporation Comments on Consent Solicitation by Avalon Correctional Services, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/4/2015)... Los Angeles, CA (PRWEB) , ... September 04, 2015 , ... ... recent report in the Journal of the American Dental Association presented data showing that ... procedures. By comparing a group of pregnant women that had undergone local anesthesia with ...
(Date:9/4/2015)... ... September 04, 2015 , ... The Providence Fertility Center will host a ... fertility and egg freezing. , Date and Time: October 8, 2015 at Waterman Grille ... hip and informative event will discuss the basics of female fertility and egg freezing, ...
(Date:9/4/2015)... ... September 04, 2015 , ... A Union County charitable ... Core Compassion Project is a non-profit organization dedicated to offering Pilates scholarships to ... cancer treatments and recover their mobility, strength, and range of motion following breast ...
(Date:9/4/2015)... ... 04, 2015 , ... Mike Day, a former Navy SEAL who was shot ... World Championships in Kona on October 10th. , Mike is running the race to ... combat and the cutting-edge treatments that restore their quality of life. More ...
(Date:9/4/2015)... ... September 04, 2015 , ... Having access to a doctor can sometimes be ... amount of unnecessary emergency room visits which affects hospitals’ abilities to provide quality service ... Fortunately, a solution to alleviate this problem has recently presented itself, the new telemedicine ...
Breaking Medicine News(10 mins):Health News:Recent Study on Dental Care During Pregnancy Demonstrates How Preventative Dental Care Really is for Everyone, Says Medical Center Dental Care 2Health News:The Providence Fertility Center to Host Fertility Cocktail Hour on October 8, 2015 at Waterman Grille for Women Who Wish to Learn About Their Fertility and Egg Freezing 2Health News:Girl’s Night Out to Benefit Core Compassion Project, Located at the Beautiful, Morning Glory Farm 2Health News:Navy SEAL Shot 27 Times Competes in Ironman World Championship in Kona to Raise Money for Veteran's Suffering from TBI and PTSD 2Health News:Telemedicine Platform DocChat Announces Launch Offering a Way for Patients to Consult Doctors and Receive Prescriptions 24/7 2Health News:Telemedicine Platform DocChat Announces Launch Offering a Way for Patients to Consult Doctors and Receive Prescriptions 24/7 3
... of the National Academy of Science, scientists have found ... work of an enzyme that insects’ immune systems use ... so-called gene-for-gene interactions are thought to be common in ... a pathogen targeting a single gene in an animal ...
... common, affecting one in 70 schoolchildren, available data says. The ... ,A joint team of scientists from the King's ... are taking up a seven-year study and hope to rope ... babies being studied are between four and 11 months and ...
... is no dearth of "anti-aging" products and surgeries// in the ... go for them not just to enhance their looks, but ... enough in the market place, many observers point out. ... The toxin blocks the transmission of acetylcholine from the nerves ...
... in the US. A Defence Department panel has warned ... serious challenge on two fronts. ,One, soldiers are ... at the current level of staffing and funds, the military ... necessary statement. ,In a damning revelation, the ...
... who lost their lives to work- related cancers and heart ... new labor laws state that they no// longer need to ... compensation due the dead worker’s family. , ... that will be presumed to have been work-related when contracted ...
... on Tuesday launched a campaign to encourage Hispanics to ... rate for U.S. Hispanics increased from 11.6% in 1991 ... to be obese and two times more likely to ... AP/Star reports. ,LNC's campaign features a ...
Cached Medicine News:Health News:Scientists Discover Rare ‘gene-for-gene’ Interaction That Helps Bacteria Kill Their Ho 2Health News:UK Scientists to Undertake Seven Year Study of Peanut Allergy 2Health News:More and More American Women Go for Facelifts to Get Jobs 2Health News:One Third of US Troops Suffer from Mental Health Problems 2Health News:One Third of US Troops Suffer from Mental Health Problems 3Health News:Ontario Grants Fast-Track Compensation Rights for Work-Related Illnesses 2Health News:Ontario Grants Fast-Track Compensation Rights for Work-Related Illnesses 3
(Date:9/4/2015)... VANCOUVER, British Columbia and MENLO ... DelMar Pharmaceuticals, Inc. (OTCQX: DMPI) ("DelMar" and the ... commercialization of new cancer therapies, today announced its financial ... and provided an overview of recent Company highlights and ... will host a business update conference call and live ...
(Date:9/3/2015)... 3, 2015 Report Details What ... areas are going to grow at the fastest rates? ... 2025, assessing data, trends, opportunities and prospects there. ... graphs. Discover the most lucrative areas in the industry ... you assess forecasted sales at overall world market and ...
(Date:9/3/2015)... , Sept. 3, 2015 About ... device is a home-based electronic device. It consists ... transmits information about glucose levels through radiowaves from ... displayed. The regular usage of self-monitoring blood glucose ... an individual to undergo proper diabetes treatment. ...
Breaking Medicine Technology:DelMar Pharmaceuticals Reports Fiscal 2015 Year-End Financial Results and Provides Corporate Update 2DelMar Pharmaceuticals Reports Fiscal 2015 Year-End Financial Results and Provides Corporate Update 3DelMar Pharmaceuticals Reports Fiscal 2015 Year-End Financial Results and Provides Corporate Update 4DelMar Pharmaceuticals Reports Fiscal 2015 Year-End Financial Results and Provides Corporate Update 5DelMar Pharmaceuticals Reports Fiscal 2015 Year-End Financial Results and Provides Corporate Update 6DelMar Pharmaceuticals Reports Fiscal 2015 Year-End Financial Results and Provides Corporate Update 7DelMar Pharmaceuticals Reports Fiscal 2015 Year-End Financial Results and Provides Corporate Update 8Ophthalmic Devices Market Forecast 2015-2025: Future Prospects for Leading Companies in Vision Care, Surgical, Diagnostic & Monitoring Devices 2Ophthalmic Devices Market Forecast 2015-2025: Future Prospects for Leading Companies in Vision Care, Surgical, Diagnostic & Monitoring Devices 3Ophthalmic Devices Market Forecast 2015-2025: Future Prospects for Leading Companies in Vision Care, Surgical, Diagnostic & Monitoring Devices 4Global Self-monitoring Blood Glucose Devices Market 2015-2019 2
... The Polaris system delivers the ... cost effective and easy to use, ... level of precision measurement with unprecedented ... both active and passive tools, the ...
Penfield Dissector #4...
Leroy scalp clips, sterile, disposable, plastic, infant size, ten clips/package....
Disposable scalp clip applier, comes loaded with 12 Leroy-Raney clips, ergonomic, easy to handle and position the clip....
Medicine Products: