Rochester, NY 8/18/2009 8:30:19 AM
Health Management Associates, Inc., HMA ,HMA Second Quarter Profit Rose by 91 Percent
Health Management Associates, Inc.
Health Management Associates Inc, which operates general acute-care hospitals in non-urban communities, released reports last Monday of its second-quarter profit which has gained a market high of 91 percent compared with earnings from the same quarter last year where stocks were dampened by losses from discontinued operations.
Quarterly earnings rose to $32.6 million, or 13 cents per share, this to compare from $17.1 million, or 7 cents per share during the same quarter of last year. Last year profit was significantly down from the company’s losses due to discontinued operations totaling 4 cent per share.
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