Management to Embark on Series of Nationwide Investor Meetings
TUCSON, Ariz., May 8 /PRNewswire-FirstCall/ -- The Providence Service Corporation (Nasdaq: PRSC) today announced that, in connection with management's upcoming meetings with investors across the country, it has filed with the Securities and Exchange Commission its Spring 2009 Investor Presentation. Stockholders may obtain a copy of the investor presentation for free at the SEC's website at http://www.sec.gov and the Company's website at http://www.provcorp.com.
"Over the next few weeks, I plan to meet with many of our stockholders, large and small," said Fletcher Jay McCusker, Providence's CEO. "As the financial results we announced earlier this week for our first quarter show, we have made significant and substantial progress and are starting to benefit from many of the actions we have implemented to enhance Providence's prospects and profitability. As of May 7, 2009, our stock price is up year-to-date over 700% compared to the S&P 500 Index which is up only 0.5% and the Russell 3000 Index which is up 3.1%.
"Given Providence's momentum and success, it is unfortunate that a dissident group seems steadfastly committed to continuing a distracting and costly proxy contest that only serves to interfere with the progress we are making. As such, in addition to having the opportunity to solicit stockholder input and ideas as to how we can continue to grow shareholder value and position Providence for long-term growth, profitability and market leadership, we are also looking forward to detailing for our stockholders how the dissident gr
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