National Mentor Holdings, Inc. has released the financial results for the fourth quarter and fiscal year ended September 30, 2009. The company reported revenue of $250.3 million, 5.6% higher than the year ago period. The revenue increase is attributed to the organic growth of $5.4 million due to new programs that began operations during the fiscal year ended September 30, 2008.
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The company will hold a conference call on Friday, January 8 at 11:00 am ET to review the financial results. Interested parties may hear a webcast of the call online at www.tmnfinancials.com, or www.fulldisclusure.com. The webcast will become available as a replay on the site until 5:00 pm ET Friday, January 15, 2010.
National Mentor Holdings, Inc., is a provider of home and community-based human services to individuals with intellectual and/or developmental disabilities, at-risk children and youth with emotional, behavioral or medically complex needs and their families and persons with an acquired brain injury. The Company’s services involve residential support, typically in small group home or host home settings, designed to improve the client’s life and to promote client independence and participation in community life. Other services provided by the Company include day programs, vocational services, case management, early intervention, family-based services, post-acute treatment and neurorehabilitation services. During the fiscal year ended September 30, 2008 (fiscal 2008), the Company acquired Transitional Services, Inc. (TSI).
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