Forterus Inc. (Pink Sheets: FTER), which, through its ABTTC Inc. division (www.abttc.com) and Forterus Healthcare, Inc, provides drug rehabilitation and alcohol rehabilitation and other behavioral healthcare services, announced today revenues increased to $1.41 million, or $0.10 per share, for the 3rd quarter ended September 30th, 2009 as compared to $1.30 million, or $0.09 per share, for the second quarter ended June 30, 2009 and $1.04 million, or $0.077 per share, for the first quarter of 2009.
Forterus announced net income of $47,437 or $0.0035 per share compared to $32,921, or $0.002 per share for the second quarter of 2009 and $15,287, or $0.001 per share for the first quarter of the year. Revenue for the nine months ended September 30, 2009, was $3,756,878 million, or $0.278 per share, with net income of $96,245, or $0.007 per share.
"During September, 2009, Forterus, Inc. received first round conditional clearance for its Conditional Use Permit application for a 22-bed facility in Ventura County, California," said Paul Howarth, CEO. “We have several conditions we need to clear prior to having a final approval hearing but we are ahead of schedule in this process and look forward to having the application approved.”
The financial results were filed with the OTCIQ (www.pinksheets.com).
For more information about Forterus and the variety of healthcare services it provides, including behavioral, intervention services, drug and alcohol rehabilitation, pain management and physical therapy, visit www.forterushealthcare.com and www.abttc.com.
CONTACT:
Paul Howarth, CEO
888/257-8345
ir@forterushealthcare.com
SOURCE Forterus Inc.
URL: http://www.forterushealthcare.com
KEYWORD: California
INDUSTRY KEYWORD: OTC
FIN
HEA
SUBJECT CODE: ERN
