HealthSouth posts $50M profit in 1Q
HealthSouth Corp. beat Wall Street expectations by posting first-quarter adjusted net income per diluted share of 48 cents.
The consensus among analysts was 43 cents. The Birmingham-based inpatient rehabilitation provider cut debt by $34 million and reported net income of $50.5 million for the three months ended March 31, 2010, according to financial filings.
Read the full story from The Birmingham Business Journal.
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