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I am cutting back on Posting / Mod'ing so good luck. I am off as Mod
I'm out for now. This stock sure has some great legs!
Haha, thanks max. I've added that one to my favorites and will definately keep an eye on it.
I am stealthy. Check out my board. We have many for you to pick from. Best wishes!!
You definitely called this one. I still can't believe there are only two boardmarks though. Where is everyone?????
This was supposed to drop a little so I could pick up more ;)
yes little watchful here though
Performing beautifully!
I box updated with the Co website link
Max,
Can you throw the company website up in the Ibox?
http://www.anci-care.com/
Thanks!
Judging by the two lonely boardmarks, would it be safe to assume that XSI is still out of most people's radar?
Either way, I'm officially aboard as of yesterday :)
over all the health care sector is / has been outperforming the market
Yeah, this thing really has quite a pair of legs on it!
I'm regretting my watch and wait attitude right now :)
6.10 hod!! 52 week high
Thanks.
I'm a little intimidated by the recent gains, so I think I'm going to watch and see how it plays out.
Good luck!
Thx...good to have Co...this is an interesting trading vehicle...lol
Good calls on here max!
This company showed up on one of my screeners, so I just started researching it. It looks like it's had a pretty good run since the earnings announcement earlier this year. Do you expect to see a modest pullback anytime soon?
nice 50% move now resting. RSI looks to be ready to move from 50 higher
American CareSource Holdings Reports 260% Increase in Revenues for Fourth Quarter 2007
Tuesday February 19, 6:05 pm ET
2007 Year End Revenues Increased 106%
DALLAS, TX--(MARKET WIRE)--Feb 19, 2008 -- American CareSource Holdings, Inc. (AMEX:XSI - News) today reported a 260% increase in revenues to approximately $10.1 million for the fourth quarter ended December 31, 2007 compared to approximately $2.8 million in the same period last year. For the year ended December 31, 2007, total revenues increased 106% to approximately $23.5 million compared to approximately $11.4 million in the prior year.
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American CareSource will host a conference call to discuss the fourth quarter and year end financial results on Monday, March 31, 2008 at 10:00 a.m. central time. The Company will issue a press release reporting full financial results the same morning.
"2007 was truly a tipping point in the Company's evolution," stated David S. Boone, Chief Executive Officer of American CareSource. "Our strong fourth quarter and full year revenues reflect our successful transition from a network to an outsourced ancillary services provider that is a true partner with our clients, developing ancillary solutions for their business needs. With this inflection point, we experienced strong growth from new clients as well as significant organic growth from our existing clients."
About American CareSource Holdings, Inc.
American CareSource Holdings, the first national, publicly traded ancillary care network services company, offers a comprehensive national network of approximately 25,000 ancillary provider sites. Through its product offerings, American CareSource helps its clients reduce the cost of ancillary services rendered through its network of providers in more than 30 service categories. The Company's ancillary network and management provides a complete outsourced solution for a wide variety of healthcare payors and plan sponsors including self-insured employers, indemnity insurers, PPOs, HMOs, third party administrators and both federal and local governments.
Any statements that are not historical facts contained in this release are forward-looking statements. It is possible that the assumptions made by American CareSource Holdings, Inc. for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve further risks and uncertainties, including but not limited to our ability to continue partnering with our clients, our ability to continue to experience growth, that even with increases in revenue, we may not be able to experience earnings on a sustained level those relating to product demand, pricing, market acceptance, the effect of economic conditions, and intellectual property rights, and the outcome of competitive products, risks in product development, the results of financing effort, the ability to complete transactions, and other risks identified in this release, and the Securities and Exchange Commission filings of American CareSource Holdings, Inc.
Contact:
Contact:
David S. Boone
Chief Executive Officer
American CareSource Holdings, Inc.
Tel: 972-308-6830
hey, can you analyze this stock chart for me? Stock is SYTE
American CareSource Holdings Signs New Client Agreement With Employee Benefit Management Corp.
Monday December 10, 11:48 am ET
DALLAS, TX--(MARKET WIRE)--Dec 10, 2007 -- American CareSource Holdings, Inc. (AMEX:XSI - News) today announced that its Ancillary Care Services subsidiary has signed a Client Service Agreement with Employee Benefit Management Corp. (EBMC) to provide ancillary care services to EBMC's payor client base. EBMC is one of the largest and most experienced companies in the Midwest specializing in the management and servicing of self-funded benefit programs.
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Under the agreement, American CareSource will provide an array of ancillary care services to EBMC's clients through its network of ancillary care providers. American CareSource expects to realize an estimated $2 million in additional annual revenue once the agreement is fully implemented.
Commenting on today's news, David S. Boone, Chief Executive Officer of American CareSource, stated, "We are delighted to have the opportunity to work with EBMC and to bring our broad array of services to their growing constituency. This new relationship will greatly expand our presence in the Midwest, an important geographical focus for our company.
"Additionally, this increases our penetration into the Third Party Administrator (TPA) market. This is an important target segment for us within the healthcare industry. Management is committed to building this portion of our business and is working aggressively to solidify additional TPA contracts, which we hope to announce in the coming months."
Renee Haas, Vice President of Employee Benefits Management Corp., stated, "EBMC is continually seeking products and services that offer our clients access to the highest quality healthcare providers at competitive pricing. Our partnership with American CareSource provides both and will enhance the value we deliver to our payor clients in 2008 and beyond."
About American CareSource Holdings, Inc.
American CareSource Holdings, the first national, publicly traded ancillary care network services company, offers a comprehensive national network of more than 24,000 ancillary provider sites. Through its product offerings, American CareSource helps its clients reduce the cost of ancillary services rendered through its network of providers in more than 30 service categories. The Company's ancillary network and management provides a complete outsourced solution for a wide variety of healthcare payors and plan sponsors including self-insured employers, indemnity insurers, PPOs, HMOs, third party administrators and both federal and local governments.
About Employee Benefit Management Corp.
EBMC is one of the largest and most experienced companies in the Midwest that specializes in the management and servicing of self-funded benefit programs.
EBMC's whole approach to doing business is grounded in service and the building of lasting relationships. Our expertise and experience serves virtually every component in the benefits arena. EBMC offers superior claims administration services as well as Utilization Review, Case Management, Care Management, Disability Management, Flexible Spending, and COBRA services. EBMC employs a top of the line website where Human Resource Professionals and plan participants have access to their benefit information online. EBMC maximizes every benefit dollar spent in order to best serve the plan and the plan participant. We are well-equipped to serve as your off-site benefits team, as well as provide special consultation regarding complex issues and regulations.
It's EBMC's mission to consistently rise above the ordinary and to be more than a benefit management company. For more information contact EBMC at 1-614-766-5800.
Any statements that are not historical facts contained in this release are forward-looking statements. It is possible that the assumptions made by American CareSource Holdings, Inc. for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve further risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, and intellectual property rights, and the outcome of competitive products, risks in product development, the results of financing effort, the ability to complete transactions, and other risks identified in this release, and the Securities and Exchange Commission filings of American CareSource Holdings, Inc.
Contact:
Contact:
David S. Boone
Chief Executive Officer
American CareSource Holdings, Inc.
Tel: 972-308-6830
Sept 07 financials http://finance.yahoo.com/q/is?s=xsi
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Company home page:
http://www.anci-care.com/
We are the ancillary benefit manager.
As the first and dominant ancillary benefits management company, Ancillary Care Services helps payors control the costs of ancillary healthcare services.
5429 Lyndon B. Johnson Freeway, Suite 700, Dallas, TX 75240 U.S.A. Ph: 972.308.6830 Toll Free 800.370.5994 Fax: 972.980.2560
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Profile on YAHOO:
BUSINESS SUMMARY
American CareSource Holdings, Inc. operates as an ancillary care benefit management company. It assists health benefits plan sponsors, such as preferred provider organizations, third party administrators, insurance companies, and self-funded employers. The company's ancillary healthcare services supplement the care provided by hospitals and physicians, including the non-hospital, non-physician services associated with surgery centers, free-standing diagnostic imaging centers, home health and infusion, supply of durable medical equipment, orthotics and prosthetics, outpatient therapy, pain management, laboratory services, physical therapy, home infusion therapy, respiratory services, chiropractic services, sleep studies, diagnostic imaging/radiology, sub-acute and skilled nursing facilities, dialysis services, hospice services, durable medical equipment, and bone growth stimulators. American CareSource Holdings also offers network analysis, custom network, network management, systems integration, reporting, claims management, and data insights services. As of December 31, 2006, it had approximately 2,400 providers representing its 24,000 provider sites under contract. The company markets its products directly and through executive officers, and a network of independent brokers and consultants. American CareSource Holdings was founded in 1995 and is based in Dallas, Texas.
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Key Statistics
Data provided by Capital IQ, except where noted.
VALUATION MEASURES
Market Cap (intraday)5:
61.81M
Enterprise Value (3-Nov-07)3:
N/A
Trailing P/E (ttm, intraday):
N/A
Forward P/E (fye 31-Dec-08) 1:
N/A
PEG Ratio (5 yr expected):
N/A
Price/Sales (ttm):
4.68
Price/Book (mrq):
6.06
Enterprise Value/Revenue (ttm)3:
NaN
Enterprise Value/EBITDA (ttm)3:
N/A
FINANCIAL HIGHLIGHTS
Fiscal Year
Fiscal Year Ends:
31-Dec
Most Recent Quarter (mrq):
30-Jun-07
Profitability
Profit Margin (ttm):
-17.07%
Operating Margin (ttm):
-14.82%
Management Effectiveness
Return on Assets (ttm):
-9.01%
Return on Equity (ttm):
-20.46%
Income Statement
Revenue (ttm):
12.40M
Revenue Per Share (ttm):
0.858
Qtrly Revenue Growth (yoy):
41.60%
Gross Profit (ttm):
2.07M
EBITDA (ttm):
-1.52M
Net Income Avl to Common (ttm):
-2.12M
Diluted EPS (ttm):
-0.15
Qtrly Earnings Growth (yoy):
N/A
Balance Sheet
Total Cash (mrq):
3.52M
Total Cash Per Share (mrq):
0.243
Total Debt (mrq):
131.69K
Total Debt/Equity (mrq):
0.014
Current Ratio (mrq):
2.368
Book Value Per Share (mrq):
0.66
Cash Flow Statement
Operating Cash Flow (ttm):
-1.25M
Levered Free Cash Flow (ttm):
-1.16M
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