2.31%C 7.40 5.37%QQQQ 27.81 2.83%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
WASHINGTON - Kidney dialysis provider DaVita Inc. said Monday its second-quarter profit rose 7 percent due to an increase in daily treatments.
| DVA | 45.6 |  -1.13 |
The company earned $95 million, or 90 cents per share, compared to $88.7 million, or 83 cents per share in the second quarter of 2007. Last year's earnings excluded several one-time items.
Revenue rose 8 percent to $1.41 billion from $1.31 billion in the year-earlier period.
Analysts polled by Thomson Financial expected earnings of 83 cents per share on revenue of $1.4 billion.
The company, which runs 1,400 outpatient dialysis centers, provided more than 4 million treatments in the second quarter, or an average of more than 51,000 a day. That's up 5 percent from 3.8 million in the same period last year, or more than 48,000 a day.
DaVita said it increased patient visits by 6 percent on a daily basis.
Shares of DaVita fell 25 cents to close at $55.89.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
|
Baldwin Linguas:
Translations Interpreting Localization:
English French Portuguese Spanish
Get your next web design project done with our los angeles web design team - Best web design with great price.
Building your business and corporate credit for your small business.
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
