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Radiation Therapy Services Holdings, Inc. Reports First Quarter 2011 Financial Results
Date:5/11/2011

management’s current expectations or beliefs about the Company’s future plans, expectations and objectives, including, but not limited to, the Company’s expected financial results and estimates for 2011.  These forward-looking statements are not historical facts and are subject to risks and uncertainties that could cause the actual results to differ materially from those projected in these forward-looking statements including, but not limited to the Company’s actual financial results and those risk factors that may be described from time to time in the Company’s filings with the Securities and Exchange Commission.  Readers of this release are cautioned not to place undue reliance on forward-looking statements contained herein, which speak only as of the date stated, or if no date is stated, as of the date of this press release. The Company undertakes no obligation to publicly update or revise the forward-looking statements contained herein to reflect changed events or circumstances after the date of this release, unless required by law. Contact:
Amy Glynn / Nick Laudico
The Ruth Group
646-536-7023 / 7030
aglynn@theruthgroup.com
nlaudico@theruthgroup.comRADIATION THERAPY SERVICES HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share amounts) March 31, December 31, 20112010 (unaudited) ASSETS Current assets: Cash and cash equivalents

$
23,455$
3,977Accounts receivable, net

94,23163,571Prepaid expenses

7,0086,969Inventories

1,4091,426Deferred income taxes

2,2762,276Other

8,1893,534 Total current assets

136,56891,753 Equity investments in joint ventures

3,74620,136 Property and equipment, net

239,018229,665 Real estate subject to finance obligation

9,5678,100 Goodwill

838,438770,898
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SOURCE Radiation Therapy Services Holdings, Inc.
Copyright©2010 PR Newswire.
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