Thursday, August 04, 2005

Beverly Enterprises posts profit

Beverly Enterprises, which has a nursing home in Anderson, posted a second quarter profit, according to Arkansas Business.
The Fort Smith-based company, which is on the auction block, had a second quarter net income of $46.1 million, or 37 cents per diluted share, compared with a loss of $25.9 million or 24 cents per diluted share, during the second quarter in 2004.
Second-quarter revenue was up to $564.1 million, 17 percent higher than the $483.6 million recorded during the same quarter last year, according to the article.

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