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Article: AmSurg Reports First-Quarter Net Earnings Per Diluted Share of $0.29, or $0.34 Excluding Effect of FAS 123R; Produces Same-Center Revenue Growth of 8%.
- Article from:
- Business Wire
- Article date:
- April 25, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NASHVILLE, Tenn. -- Ken P. McDonald, President and Chief Executive Officer of AmSurg Corp. (NASDAQ: AMSG), today announced financial results for the first quarter ended March 31, 2006. For the first quarter, revenues increased 25% to a new quarterly record of $113,634,000 from $91,263,000 for the first quarter of 2005. Net earnings from continuing operations were $8,725,000, or $0.29 per diluted share, for the first quarter of 2006, including expense of $0.05 per diluted share for FAS 123R, which was adopted in January 2006. The impact of FAS 123R was greater than originally anticipated for the quarter, but is expected to remain within the established guidance of $0.14 ...