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The Ensign Group, Inc. Reports Second Quarter 2008 Earnings of $.32 per Diluted Share and Raises 2008 Guidance
Date:8/6/2008

Conference Call and Webcast Scheduled for August 7, 2008 at 2:00 pm ET

MISSION VIEJO, Calif., Aug. 6 /PRNewswire-FirstCall/ -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign(TM) group of skilled nursing, rehabilitative care services and assisted living companies, today reported record results for the second quarter of fiscal year 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071213/LATH168LOGO)

Second Quarter Highlights Include:

-- Organic revenue was $113.3 million, up 13.0% over the second quarter of 2007; and total revenue was a record $115.3 million, up 15.0% over the prior year;

-- Skilled revenue for the quarter increased 28.5% to $52.5 million, as skilled mix improved 480 basis points to 47.7%;

-- Census climbed, with operational occupancy increasing to 81.0% overall and 81.5% same-store, an increase of 80 basis points in same-store over the second quarter of 2007;

-- EBITDAR improved 9.2% to $17.7 million, compared to $16.2 million in 2007;

-- EBITDA improved 14.3% to $13.8 million, compared to $12.0 million in 2007;

-- Consolidated net income was a record $6.5 million, compared to $5.7 million the year before, an overall improvement of 14.5%; and

-- Management raised revenue guidance for the year from the previous range of $454 million to $458 million to $463 million to $467 million, and earnings per share guidance from the previous range of $1.27 to $1.32 to a new range of $1.30 to $1.35.

Operating Results

Commenting on the results, Ensign President and Chief Executive Officer Christopher Christensen said, "Although seasonal factors h
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SOURCE The Ensign Group, Inc.
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