Almost Family posts strong Q2, shares advance
Regional provider of home health nursing services Almost Family, Inc. (Nasdaq: AFAM), reported second-quarter results this morning that beat analysts’ estimates, pushing shares higher in pre-market trading. Revenues grew a robust 50% due in part to the firm’s Quality of Life acquisition completed in late October of 2007 and results from its Apex Home Healthcare acquisition completed in late March 2008.
Shares advanced 10%, or $3.41, to $36.98 in pre-market trading. For detailed price information and recent news stories about Almost Family, click AFAM.
About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.
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