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surf1944

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Alias Born 09/11/2006

surf1944

Re: None

Thursday, 02/11/2010 8:42:26 AM

Thursday, February 11, 2010 8:42:26 AM

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7:01AM Novamed reports EPS in-line, beats on revs (NOVA) 3.75 : Reports Q4 (Dec) earnings of $0.08 per share, in-line with the First Call consensus of $0.08; revenues rose 10.1% year/year to $39.8 mln vs the $39 mln consensus. Co said, $25.5 million in cash flow from operations in 2009 and capital expenditures of $3.7 million, this left us with just over $21.8 million of free cash flow. With this free cash flow we reduced our long-term debt by over $20 million. In 2010 we plan to seek out attractive acquisition candidates and will continue to use our free cash flow to delever in the meantime."


surf's up......crikey



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