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Home > SMT Wrapper

Lincare Predicts Rough 2009

Published Monday, February 23, 2009

Last week Lincare reported revenues of $415.1 million for the fourth quarter ended Dec. 31, a 1 percent increase over $412.3 million for the same quarter in 2007. Net income was $58.2 million compared to $57.6 million. Revenues for 2008 were $1.665 billion, a 4 percent increase over $1.596 billion in 2007. Net income was $237.2 million compared to $226.1 million. The Clearwater, Fla.-based provider added 14 new operating centers in the fourth quarter, with 11 from internal expansion and three from acquisitions. For the year, it added 44 centers, bringing its total number ...

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