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Allied Healthcare International Inc. Reports Fiscal 2009 First Quarter Results.

Publication: Biotech Week
Publication Date: 18-FEB-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Allied Healthcare International Inc. (Nasdaq: AHCI; AIM: AHI, http://www.alliedhealthcare.com): Operating Income Increases 45.9% Diluted EPS Increases 46% to 5.4 Cents from 3.7 Cents in First Quarter Fiscal 2008 (In millions, except EPS)

Fiscal 2009 First Quarter Fiscal 2008 First Quarter Revenues

$61.5

$74.8

Gross Profit

$18.8

$22.4

Gross Margin %

30.6

%

30.0

%

Operating Income

$3.3

$2.2

Diluted EPS



5.4

Cents



3.7

Cents

Allied Healthcare International Inc. (Nasdaq: AHCI; AIM: AHI, http://www.alliedhealthcare.com), a leading provider of flexible healthcare staffing services in the United Kingdom, issues financial results of its fiscal 2009 first quarter (see also Allied Healthcare International Inc.).

To provide investors with an increased understanding of the CompanyEs staffing business, as in previous quarters, Allied is providing a breakdown of its revenues and gross profits at constant exchange rates. In addition, as the CompanyEs revenues and gross profits are generated in the United Kingdom, an analysis is included, within the Management Discussion below, of the last five quarters revenues and gross profits in pounds sterling to enable investors to fully understand the underlying trends over these periods without the effects of currency exchange rates. As noted in the reported numbers, recent fluctuations in foreign exchange rates have significantly impacted the CompanyEs current period results. Fiscal First Quarter Results: Quarter Ended December 31, 2008



Quarter Ended December 31, 2007

Gross Margin

Gross Margin %

Gross Margin

Gross Margin % Revenue % % Revenue % % (Amounts...

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