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United American Healthcare Corporation Announces Fiscal 2010 First Quarter Results
Date:11/16/2009

(in thousands, except per share data) Three Months Ended September 30, ----------------- 2009 2008 ---- ---- Revenue Fixed administrative fees $- $3,423 Medical premiums 1,760 2,862 ----- ----- Total revenue 1,760 6,285 Expenses Medical expenses 1,729 2,523 Marketing, general and administrative 1,594 3,639 Depreciation and amortization 40 61 ----- ----- Total expenses 3,363 6,223 ----- ----- Operating income (loss) (1,603) 62 Interest and other income 40 208 -- --- Income (loss) before income taxes (1,563) 270 Income tax expense - 80 ----- ----- Net earnings (loss) $(1,563) $190 ======= ===== Net earnings (loss) per common share - basic Net earnings (loss) per common share $(0.19) $0.02 ======= ===== Weighted average shares outstanding 8,138 8,734 =======
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