The Ensign Group, Inc. (ENSG) Reports Record Earnings in First Quarter of 2008
Through a series of operating subsidiaries, The Ensign Group provides a vast array of skilled nursing and assisted living services for both long and short-term patients. It also offers physical, occupational and speech therapies through over 60 facilities spread across California, Arizona, Texas, Washington, Utah and Idaho. In the first three months of 2008, The Ensign Group’s total revenue was $113.8 million, up 16.1% compared to $98.0 million recorded during first quarter 2007. 3.2 million of those dollars were generated by facilities having only recently been acquired by the company. First quarter net income reached an impressive $6.3 million or…