IPC The Hospitalist Company, Inc. (IPCM) Tops Q2 EPS by 1c

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Go back to IPC The Hospitalist Company, Inc. (IPCM) Tops Q2 EPS by 1c

IPC The Hospitalist Company Reports Second Quarter 2014 Financial Results

July 23, 2014 4:01 PM EDT

NORTH HOLLYWOOD, Calif., July 23, 2014 (GLOBE NEWSWIRE) -- IPC The Hospitalist Company, Inc. (Nasdaq: IPCM), a leading national hospitalist physician group practice, today announced financial results for the second quarter ended June 30, 2014. All operating results referred to as "adjusted" exclude the change in fair market value of contingent consideration ("net change in fair value") for acquisitions. See "Reconciliation of Non-GAAP Financial Measures" below for explanations of these non-GAAP financial measures and reconciliation to GAAP financial measures.

Second Quarter 2014 Highlights (comparisons are to second quarter 2013):

Net revenue increased 18% to $172.3 million, with same-market area net revenue growth of... More