Extract
America Service Group Announces Third Quarter Results.
Business Editors & Health/Medical Writers
NASHVILLE, Tenn.--(BUSINESS WIRE)--Oct. 23, 2002 America Service Group Inc. (NASDAQ:ASGR) Third Quarter Highlights: -- EBITDA of $5.1 million in the quarter -- Net income of $2.3 million in the quarter -- Debt reduced $3.1 million in the quarter -- Executed commitment letter for debt refinancing by October 31 -- Net proceeds of $4.0 million received from private placement of stock -- $29 million of annualized new business awarded in the quarter America Service Group Inc. (NASDAQ:ASGR) announced today results for the third quarter and nine months ended September 30, 2002. "The Company remained on course with s...See the full content of this document
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