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Medical Facilities Corporation Reports Second Quarter 2010 Results

^{Published on 2010-08-13 04:11:31 - Market Wire}
 

 Q2 2010 Summary --------------- - Operating margin was 37.3% (37.1% in Q2 2009) - Payout ratio was 83.8% (83.1% in Q2 2009) - Facility service revenue was $51.2 million ($52.2 million in Q2 2009) - Operating income was $19.1 million ($19.4 million in Q2 2009) - Cash available for distribution(1) was Cdn$9.3 million (Cdn$9.4 million in Q2 2009) 

 Normal Course Issuer Bid ------------------------ 

 Notice of Conference Call ------------------------- 

 About Medical Facilities ------------------------ 

 Caution concerning forward-looking statements --------------------------------------------- 

 (1) Cash available for distribution is a non-GAAP measure and is not intended to be representative of cash flow or results of operations determined in accordance with GAAP. Accordingly, Medical Facilities provides a reconciliation of cash available for distributions to reported cash flow from operations in the Corporation's MD&A. Investors are cautioned that cash available for distribution, as calculated by Medical Facilities, is unlikely to be comparable to similar measures used by other issuers.