Finance
Concentra Operating Corporation reports 15% revenue increase in first quarter
Published in Law and Health Weekly, June 10th, 2006
The company reported consolidated Adjusted Earnings Before Interest Taxes Depreciation and Amortization (Adjusted EBITDA) of $39,011,000 compared with $39,510,000 in Adjusted EBITDA reported for the same period in 2005. Concentra computes Adjusted EBITDA in the manner prescribed by its bond indentures, and a reconciliation of Adjusted EBITDA to net income is provided within this press release.
Revenue for the first quarter of 2006 increased 15% to $315,259,000 from $274,929,000 in the year-earlier period. Operating income was $27,022,000 in the...
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