World Health Alternatives, Inc. Reports Record Revenue of $40.5 Million in First Quarter 2005; Company Reiterates Guidance for 2005: Revenue of Approximately $200 Million; EPS $0.50-$0.55.
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World Health Alternatives, Inc. Reports Record Revenue of $40.5 Million in First Quarter 2005; Company Reiterates Guidance for 2005: Revenue of Approximately $200 Million; EPS $0.50-$0.55.
PITTSBURGH -- --World Health Alternatives, Inc. (OTC BB: WHAI), a premier medical staffing company that provides medical, professional and administrative staffing services to the healthcare industry, today announced its financial results for the first quarter ended March 31, 2005. Highlights for the quarter included:
--First Quarter Revenues Increased 11% Versus Fourth Quarter 2004 Revenues Due to Organic Growth --All Divisions Combined Produced $40.5 Million in First Quarter Revenues --Company Produced $4.6 million in Earnings Before Interest, Depreciation and Amortization --Gross Margins Improved to 28.4% of First Quarter Revenue --Net Margins Hit 8.9% and Sales, Marketing and Administrative Expenses Decreased to 19.3% of Revenue For the quarter ended March 31, 2005, revenues were $40.5 million...See the full content of this document
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