Air Methods Corporation

Air Methods Reports 3Q2007 Results and 4Q2007 Update

Published in Medical Verdicts and Law Weekly, November 22nd, 2007

Air Methods Corporation (NASDAQ:AIRM) reported results for the quarter ended September 30, 2007. Revenue increased 12% to $101.5 million from $90.5 million in the year-ago quarter. For the nine-month period, revenue increased 13% to $273.7 million, up from $242.0 million in the prior-year nine-month period.

For the quarter, net income increased 17% to $11.2 million, or $0.89 per diluted share, as compared with prior-year quarter net income of $9.6 million, or $0.78 per diluted share. Net income for the nine-month period was $22.7 million, or $1.82 per diluted share, compared to $16.0 million, or $1.30 per diluted share for the prior-year nine-month period. The...

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Source: Medical Verdicts and Law Weekly (2007-11-22)

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