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Thu, September 09, 2010 - 7:59:56

News from Psychiatric Solutions, Inc.
Aug 04

Psychiatric Solutions Announces Second Quarter 2010 Earnings of $0.69 per Diluted Share on 7.7% Grow

FRANKLIN, Tenn., Aug 04, 2010 (BUSINESS WIRE)—Psychiatric Solutions, Inc. (“PSI”) (NASDAQ: PSYS) today announced financial results for the second quarter ended June 30, 2010. Revenue increased 10.4% for the quarter to $502.7 million from $455.3 million for the second quarter of 2009. Income from continuing operations attributable to PSI stockholders increased 12.9% to $39.0 million for the second quarter of 2010 from $34.6 million for the second quarter last year, and 11.3% per diluted share to $0.69 from $0.62. Results for the second quarter of 2010 included transaction costs of approximately $6.4 million, which are related to PSI’s previously announced definitive agreement providing for the acquisition of PSI by Universal Health Services, Inc. (“UHS”)


[full article]
Jul 23

Psychiatric Solutions Announces Date For Second Quarter 2010 Earnings Release

FRANKLIN, Tenn. (July 23, 2010) ─ Psychiatric Solutions, Inc. (“PSI”) (Nasdaq: PSYS) today announced it will release its second quarter 2010 earnings on August 4, 2010, after the market closes. Due to the signing of the definitive merger agreement providing for the acquisition of PSI by Universal Health Services, Inc., which was announced May 17, 2010, PSI will not host a conference call to discuss second quarter results.


[full article]
Jun 15

Universal Health Services to Acquire Psychiatric Solutions for $3.1 Billion in Cash

KING OF PRUSSIA, Pa. & FRANKLIN, Tenn.—(BUSINESS WIRE)—Universal Health Services, Inc. (NYSE: UHS) (“UHS”) and Psychiatric Solutions, Inc. (NASDAQ: PSYS) (“PSI”) announced today that they have reached a definitive agreement whereby UHS will acquire PSI for a price of $33.75 per share in cash, or approximately $2.0 billion. Including the assumption of approximately $1.1 billion in PSI net debt, the total transaction consideration is approximately $3.1 billion.


[full article]
May 10

Psychiatric Solutions Announces First Quarter 2010 Earnings

of $0.56 Per Diluted Share on 7.0% Growth in Same-Facility Revenue

FRANKLIN, Tenn.—Psychiatric Solutions, Inc. (“PSI”) (NASDAQ: PSYS) today announced financial results for the first quarter ended March 31, 2010. Revenue increased 9.7% for the first quarter to $476.0 million from $433.9 million for the first quarter of 2009. Income from continuing operations attributable to PSI stockholders increased 15.2% to $31.7 million from $27.5 million. Income from continuing operations attributable to PSI stockholders per diluted share was $0.56 for the first quarter of 2010, up 14.3% from $0.49 for the first quarter of 2009.


[full article]
Apr 27

Psychiatric Solutions Announces First Quarter 2010 Earnings Release

and Conference Call Date Franklin, Tenn.

(April 27, 2010) ─ Psychiatric Solutions, Inc. (“PSI”) (Nasdaq: PSYS) today announced it will release its first quarter 2010 earnings on May 10, 2010, before the market opens. Psychiatric Solutions will conduct a conference call with institutional investors and analysts at 10:00 am ET on Monday, May 10, 2010. Additionally, a live broadcast of the earnings conference call will be available at www.psysolutions.com in the “Investors” section of the website or at www.earnings.com. The webcast of the conference call will be available through May 24, 2010.


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