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Article: Med Diversified Reports Fourth Quarter and Fiscal Year 2003 Financial Results.
- Article from:
- Business Wire
- Article date:
- July 1, 2003
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Business Editors/Health/Medical Writers
ANDOVER, Mass.--(BUSINESS WIRE)--July 1, 2003
Med Diversified, Inc., (PINK SHEETS: MDDVQ, "the Company"), a leading provider of home and alternate site health care services, today announced its fourth quarter and fiscal year financial results for the period ended March 31, 2003 ("FY03"), as reported in its annual report on Form 10-K, to be filed today.
Net loss for the fourth quarter of FY03 was $38.9 million or $0.26 per share, including $40.8 million in impairment charges. Excluding the effect of impairment charges, pro forma net income for the fourth quarter would have been $1.9 million. In comparison, ...