Highlights from Fiscal 2008 First Quarter Ended September 30, 2007
- 4.5% net revenue growth
- $348 Average Patient Charge (APC)
- 64 Days' Sales Outstanding (DSO)
- 15.0% uncompensated care as a percent of gross revenue
- EBITDA from continuing operations $12.6 million
- Company provides fiscal 2008 guidance
SCOTTSDALE, Ariz., Nov. 14 /PRNewswire-FirstCall/ -- Rural/Metro Corporation (Nasdaq: RURL), a leading provider of ambulance and private fire protection services, announced today results for its fiscal 2008 first quarter, which ended September 30, 2007. The quarter reflected continued growth in net revenue, a reduction in uncompensated care and significant growth in cash collections per transport.
The company also reported results for its fiscal 2007 fourth quarter and year ended June 30, 2007, following a delay related to the restatement of certain historical financial results and financial data. The Company will file today with the U.S. Securities and Exchange Commission its amended quarterly reports on Form 10-Q/A for the quarters ended September 30, 2006, December 31, 2006, and March 31, 2007, as well as its annual report on Form 10-K for the fiscal year ended June 30, 2007. These reports will include restated consolidated financial information for the quarterly and interim periods ended September 30, 2005 and 2006, December 31, 2005 and 2006 and March 31 2006 and 2007, and the fiscal year ended June 30, 2005 and 2006. The Company also will file today its quarterly report on Form 10-Q for the first quarter ended September 30, 2007.
Jack Brucker, President and Chief Executi
'/>"/>
| SOURCE Rural/Metro Corporation Copyright©2007 PR Newswire. All rights reserved |