Gentiva Health (GTIV) Sees FY12 Revs Below Views

January 10, 2012 4:05 PM EST
Gentiva Health Services, Inc. (Nasdaq: GTIV) announced today its 2012 financial outlook for net revenues and adjusted earnings before interest, taxes, depreciation and amortization attributable to continuing operations (Adjusted EBITDA).

For 2012, Gentiva expects full-year net revenues to be in the range of $1.70 billion to $1.76 billion and Adjusted EBITDA to be $170 million to $190 million. The Street sees revs of $1.77 billion.

Adjusted EBITDA excludes charges related to restructuring, acquisition, integration activities, the cost of legal settlements, goodwill, intangible asset and other long-lived asset impairment and dividend income.


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