Gentiva Health Services Inc. (NASDAQ:GTIV)

WEB NEWS

Sunday, August 9, 2009

Comments & Business Outlook

"Gentiva had a very good second quarter driven by continued success in executing our core strategies: rolling out our specialty programs, serving the needs of higher acuity seniors and increasing both the capacity and productivity of our growing clinician base," said Gentiva CEO Tony Strange. "Our performance demonstrates the commitment of our employees as well as the growing belief of the healthcare community in the power of home care as a key part of the solution to the nation's healthcare challenges."

Gentiva announced that it is raising its previously stated revenue and earnings outlook for fiscal 2009 based on its year-to- date performance and prospects for the remainder of this year.

2008 pro forma financial results reflect the Company's performance as if the CareCentrix divestiture had occurred at the beginning of fiscal 2008

FULL YEAR 2009 Guidance Ending December a


Full Year 2009 Guidance Full Year 2008 Reported Period Change
GAAP Revenue $1.19 to $1.21 billion $1.06 billion 12.0% to 14.0%
Non-GAAP EPS b $2.04 to $2.10 $1.40 45.7% to 50.0%

Source: See Release, July 30, 2009

a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

b Non-GAAP EPS figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam® non-GAAP figures may, from time to time, differ from company supplied figures.


Monday, June 22, 2009

Comments & Business Outlook

'Gentiva is off to a good start to 2009, both financially and operationally,' said Gentiva CEO Tony Strange. 'Our results for the quarter were again led by our Home Health segment as we focus on meeting the needs of the nation's growing senior population, for which home healthcare is a cost-effective and patient-preferred solution. The aggregate results of our other businesses also showed improved performance in the quarter, primarily driven by growth in hospice. Based on these solid first quarter results and our confidence that the Company will continue to execute on its strategy during the remainder of the year, we are today reaffirming our revenue and earnings outlook for 2009.'

Full Year Fiscal 2009 Guidance Ending December a

  2009 Guidance 2008 Reported Period Change
b Non-GAAP Revenue 1.14 to $1.18 billion $1.06 billion  7.5% to 11.3%

c Non-GAAP EPS

$1.72 to $1.80 $1.43 20% to 30%

a The above forecasts reflect the Company's current and preliminary view and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

b Non-GAAP revenue excludes the revenue of of one of its subsidiaries (CareCentrix) that took place during 2008  

c Non-GAAP EPS Figures exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam® non-GAAP figures may, from time to time, differ from company supplied figures.

Source: PR Newswire (April 30, 2009)


Saturday, February 21, 2009

Comments & Business Outlook

Guidance Report: (Non-China)

Gentiva raises its outlook for fiscal 2009

Full Year Fiscal 2009 Guidance Ending December

  2009 Guidance 2008 Reported Period Change
*Non-GAAP Revenue 1.14 to $1.18 billion $1.06 billion  7.5% to 11.3%
*Non-GAAP EPS $1.72 to $1.80 $1.43 20% to 30%

*Non-GAAP revenue excludes the revenue of of one of its subsidiaries (CareCentrix) that took place during 2008  

**Non-GAAP EPS figures exclude non-operating gains and losses. They also reflect the Company's performance as if the divestiture of one of its subsidiaries (CareCentrix), that took place during 2008, had occurred at the beginning of fiscal 2008.

Source: PR Newswire (February 18, 2009)



Market Data powered by QuoteMedia. Terms of Use