This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Skilled Healthcare Group Reports Third Quarter 2009 Earnings from Continuing Operations Per Diluted Share of $0.25 2009-11-03 03:01 ET - News Release  Company Website:
http://www.skilledhealthcaregroup.com FOOTHILL RANCH, Calif. -- (Business Wire)
Skilled Healthcare Group, Inc. (NYSE:SKH) today announced its unaudited
consolidated financial operating results for the three- and nine-month
periods ended September 30, 2009.
Third Quarter 2009 Consolidated Results -
Total consolidated revenue for the quarter ended September 30, 2009
was $188.4 million, an increase of 3.2 percent, compared to total
consolidated revenue of $182.5 million in the third quarter of 2008.
-
Adjusted EBITDA1 was $25.9 million for the quarter ended
September 30, 2009, an increase of 3.7 percent, compared to $24.9
million during the same period in 20082.
-
Adjusted EBITDAR3 was $30.4 million for the quarter ended
September 30, 2009, up 2.3 percent compared to $29.7 million for the
same period in 2008.
-
Net income for the quarter ended September 30, 2009 totaled $9.1
million, up 5.6 percent, compared to $8.6 million for the third
quarter of 2008.
-
Diluted earnings per common share from continuing operations for the
quarter ended September 30, 2009 were $0.25, up 8.7 percent, compared
to $0.23 for the same period in 2008. Including the loss per common
share from discontinued operations for the quarter ended September 30,
2009, diluted earnings per common share were $0.24. During the third
quarter, the Company closed its unprofitable hospice business in
Ventura, California, which represented less than five percent of total
hospice revenues in the nine-month period ended September 30, 2009.
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