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Dialysis Corporation of America Reports Third Quarter 2009 Results

LINTHICUM, Md., Nov 04, 2009 /PRNewswire-FirstCall via COMTEX/ --

Dialysis Corporation of America (Nasdaq: DCAI) announced its financial results for the third quarter of 2009.

    --  Quarter end patient census was approximately 2,050.
    --  Quarterly Results included:
        --  Operating revenues were $25.1 million compared to $21.9 million for
            the same period last year, a 15% increase.
        --  Operating income was $2.0 million compared to $1.5 million for the
            same period last year, a 30% increase.
        --  Net income was $940,000 or $0.10 per basic and diluted share
            compared to $875,000 or $0.09 per basic and diluted share for the
            same period last year.
    --  Results for the first nine months of 2009 included:
        --  Operating revenues were $73.3 million compared to $63.2 million for
            the same period last year, a 16% increase.
        --  Operating income was $4.5 million compared to $4.0 million for the
            same period last year, a 13%  increase.

        --  Net income was $1.8 million or $0.19 per basic and diluted share
            compared to $2.0 million or $0.21 per basic and diluted share for
            the same period last year.

...

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