Home | Business News | Browse by Publication | P | PR Newswire

Air Methods Reports 1Q 2003 Results; Net Loss of $(0.05) Per Share in Line With Previously Announced Expectations.

Publication: PR Newswire
Publication Date: 13-MAY-03 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Air Methods Corporation reported results for the first quarter ended March 31, 2003. Revenue increased 105% to $54.0 million from $26.3 million in the year ago period. The Company reported a net loss of $(516,000) or $(0.05) per basic and diluted share as compared with prior year period net income of $1.7 million or $0.19 per basic and diluted share. The net loss was within the expected range disclosed by the Company in April.

George Belsey, Chairman and CEO, stated, "As previously disclosed, our first quarter results were adversely affected by severe weather throughout the country, particularly in February. In addition, the prior year first quarter benefited from unusually benign weather...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from PR Newswire
Golden Phoenix Minerals Announces Agreement in Principle for Borealis ..., May 13, 2003
Reading International Announces Record First Quarter 2003 Results; - R..., May 13, 2003
CSC Signs Additional Outsourcing Agreements With Three General Dynamic..., May 13, 2003
Cybertel Communications Corporation Announces New Shareholder Newslett..., May 13, 2003
Hytek Microsystems Reports First Quarter Results., May 13, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.