PSA HealthCare Announces Second Quarter Financial Results
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Pediatric Services of America, Inc. d/b/a PSA HealthCare (NASDAQ:PSAI) announced today financial results for the second quarter of fiscal year 2007, ended March 31, 2007.
Highlights of PSA’s results for the second quarter ended March 31, 2007, include:
— Acquiring the pediatric assets of Americare At Home Inc., Wilko Enterprises, Inc., and Maternal Child Health, Inc.
— Achieving 928,000 staffed hours in the PDN business.
— Achieving revenue growth, including acquisitions, of 15% over second quarter of fiscal year 2006.
For the second quarter of fiscal 2007, net revenue from continuing operations was $33,644,000. Income before income tax expense from continuing operations was $6,000.
“We’ve made solid progress on the acquisition front. As we continue to grow, improving our profitability will be paramount,” said Daniel J. Kohl President and CEO.
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