IPC The Hospitalist Company, Inc. (IPCM) Misses Q3 EPS by 3c; Eases FY14 Revs Outlook

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Go back to IPC The Hospitalist Company, Inc. (IPCM) Misses Q3 EPS by 3c; Eases FY14 Revs Outlook

IPC The Hospitalist Company Reports Third Quarter 2014 Financial Results

October 22, 2014 4:05 PM EDT

NORTH HOLLYWOOD, Calif., Oct. 22, 2014 (GLOBE NEWSWIRE) -- IPC The Hospitalist Company, Inc. (Nasdaq: IPCM), a leading national hospitalist physician group practice, today announced financial results for the third quarter ended September 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.

Third Quarter 2014 Highlights (comparisons are to third quarter 2013):

Net revenue increased 14% to $169.8 million, with same-market area net revenue growth of... More