Air Methods Corp (AIRM) Cuts Q3 Outlook

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Go back to Air Methods Corp (AIRM) Cuts Q3 Outlook

Air Methods Provides Update on 3rd Quarter Results

October 22, 2014 4:01 PM EDT

DENVER, Oct. 22, 2014 (GLOBE NEWSWIRE) -- Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, provided an update on third quarter results. While community-based patient transports for the third quarter 2014 increased 7% to 15,789 from the prior-year quarter, patients transported for community bases in operation greater than one year decreased an estimated 375 transports, or 3%. Weather cancellations for these same bases increased by an estimated 59 transports compared with the prior-year quarter.

Preliminary net revenue per community-based transport for the third quarter 2014 was relatively unchanged at $11,972, as compared with $11,988 in the prior-year quarter. Net... More