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InfuSystem Holdings, Inc. Reports $14.1 Million of Revenues for the Second Quarter of 2012; Announces Annualized Cost Savings in Excess of $1 million
Date:8/7/2012

es associated with the Settlement Agreement and the Fifth Amendment described above, EBITDA for 2012 would have been $3.3 million and $6.4 million, respectively.  A Non-GAAP reconciliation from net income can be found in the appendix.

Financial Condition
Net cash provided by operations for the six months ended June 30, 2012, was $3.7 million, compared to $2.9 million in the prior-year period.  The latest quarter's results reflected increased professional fees associated with the concerned stockholder group and employee compensation costs.  In addition, the Company reported capital expenditures of $1.7 million, a decrease of $0.7 million compared to the prior-year period.  The Company had available $3.0 million on its $5.0 million revolving credit facility.  During the quarter, the Company reduced its draw under its revolving credit facility by $0.6 million in addition to the normal quarterly payment on its $19.6 million in long-term debt.  The Company ended the quarter with $0.8 million of cash compared to none in the previous quarter.

Conference Call
The Company will host a conference call to share the results of its second quarter fiscal 2012 results on Wednesday, August 8, at 9:00 a.m. Eastern Time. Dilip Singh, Interim Chief Executive Officer, and Jonathan P. Foster, Chief Financial Officer, will discuss the Company's financial performance and answer questions from the financial community.

The Company invites interested investors to listen to the presentation by telephone.  To participate, the dial-in number is (888)-895-5271 with confirmation number 33012557.  Those who wish to listen should dial in five minutes prior to the call to register.  An online audio replay of the conference call will be available on the Company's website for the following 30 days.

About InfuSystem Holdings, Inc.
InfuSystem Holdings, Inc. is the leading provider of infusion pumps and related services to
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SOURCE InfuSystem Holdings, Inc.
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