|
|
Article: Continucare Corporation Reports Financial Results for Fourth Quarter and Fiscal Year 2006; Fourth Quarter and Full Year Adjusted Income from Operations Increased 13% and 78%, Respectively, from Same Periods One Year Ago.
- Article from:
- Business Wire
- Article date:
- September 18, 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)
|
MIAMI -- Continucare Corporation (AMEX:CNU) today reported financial results for its fourth quarter of fiscal 2006 and fiscal year ended June 30, 2006. Financial highlights for the fiscal quarter included:
--Total revenue of $36.2 million, a 24% increase from $29.1 million in the fourth quarter of fiscal 2005;
--Income from operations of $1.3 million compared to $4.0 million for the same period last year;
--Income before income taxes of $1.4 million compared to $4.0 million in the fourth quarter of fiscal 2005; and
--Net income of $1.1 million, or $0.02 per diluted share, compared to net income of $11.2 million, or $0.21 per diluted ...