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Continucare Corporation Reports Record Revenues and an 18% Increase in Net Income for Third Quarter of Fiscal 2009.

Publication: Business Wire
Publication Date: 07-MAY-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Continucare Corporation Reports Record Revenues and an 18% Increase in Net Income for Third Quarter of Fiscal 2009.(Financial report)

Article Excerpt
MIAMI -- Continucare Corporation (NYSE Amex:CNU) today reported financial results for its third quarter of fiscal 2009. Financial highlights for the quarter include:

* Total revenue of $75.4 million, a 14% increase compared to $65.9 million for the same period last year;

* Income from operations of $7.0 million, a 16% increase compared to $6.1 million for the same period last year;

* Net income of $4.3 million, an 18% increase compared to $3.7 million for the same period last year; and

* Earnings per diluted share increased to $0.07 compared to $0.05 per diluted share for the same period last year.

For the nine-months ended March 31, 2009, total revenue increased 9% to $206.0 million compared to $188.3 million for the same period last year. Income from operations during the nine-month period increased 32% to $17.0 million compared to...

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