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Rawnoc

06/28/10 8:49 PM

#227988 RE: Knowledge is King #227983

UCIA quick glance shows....

(1) Q2 last year had a one-time gain of .06 per share.

(2) They opened 4 new doctor centers last year that appear to more time to mature, hence sales went up but costs went up faster.
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MikeDDKing

06/28/10 10:27 PM

#227991 RE: Knowledge is King #227983

After backing out one-time items it looks like UCIA earnings for the first half were flat year-over-year. Revenue is growing nicely due to the addition of new offices but it is going to take a bit for the new offices to meaningfully contribute to the bottom line.

TTM earnings are now roughly $0.26/share ignoring one-time items.

The balance sheet is starting to look really nice as well. The book value is now $1.86/share and there is cash of $0.38/share.

It is nice that they are now caught up on their filings.