just gets better
Air Methods Expects Strong First Quarter Earnings; Earnings Favorably Impacted by Significant Growth in Flight Volumes
PR NEWSWIRE - April 18, 2002 06:30
DENVER, Apr 18, 2002 /PRNewswire-FirstCall via COMTEX/ -- Air Methods Corporation (Nasdaq: AIRM) announced today that its first quarter results have been favorably impacted by higher than anticipated flight volumes throughout its systems. As a result, quarterly pre-tax earnings are expected to significantly exceed historical profitability levels for a first quarter.
Mr. Aaron Todd, Chief Operating and Financial Officer, stated, "The acquisition in Las Vegas completed on December 15, 2001, combined with prior year expansion in numerous markets, has generated strong growth in flight activity. In addition, generally favorable weather conditions and successful marketing initiatives have resulted in strong year-over-year results for numerous locations throughout our operations."
Final results for the first quarter are pending review by the Company's independent auditors. The Company expects to report these results during the week of May 6th. |
