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Article: Continucare Corporation Reports Financial Results for First Quarter of Fiscal 2007.
- Article from:
- Business Wire
- Article date:
- November 13, 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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MIAMI -- Continucare Corporation (AMEX:CNU) today reported financial results for the three months ended September 30, 2006, the first quarter of Continucare's 2007 fiscal year. Financial highlights for the quarter and other recent events include:
* Completion of the Miami Dade Health Centers acquisition;
* Total revenue of $35.9 million, a 20% increase from $29.9 million in the first quarter of fiscal 2006;
* Income from operations of $2.1 million compared to $2.2 million for the same period last year;
* Income before income taxes remained unchanged at $2.3 million as compared to the same period last year; and
* Net income ...