Forterus Inc. Posts Revenue, Net Income Gains for Q3 2009
October 22 2009 - 12:29PM
PR Newswire (US)
MURRIETA, Calif., Oct. 22 /PRNewswire-FirstCall/ -- Forterus Inc.
(Pink Sheets: FTER), which, through its ABTTC Inc. division
(http://www.abttc.com/) and Forterus Healthcare, Inc, provides drug
rehabilitation and alcohol rehabilitation and other behavioral
healthcare services, announced today revenues increased to $1.41
million, or $0.10 per share for the 3rd quarter ended September
30th, 2009 as compared to $1.30 million, or $0.09 per share, for
the second quarter ended June 30, 2009 and $1.04 million, or $0.077
per share, for the first quarter of 2009. Forterus announced net
income of $47,437 or $0.0035 per share compared to $32,921, or
$0.002 per share for the second quarter of 2009 and $15,287, or
$0.001 per share for the first quarter of the year. Revenue for the
nine months ended September 30, 2009, was $3,756,878 million, or
$0.278 per share, with net income of $96,245, or $0.007 per share.
"During September, 2009, Forterus, Inc. received first round
conditional clearance for its Conditional Use Permit application
for a 22-bed facility in Ventura County, California," said Paul
Howarth, CEO. "We have several conditions we need to clear prior to
having a final approval hearing but we are ahead of schedule in
this process and look forward to having the application approved."
The financial results were filed with the OTCIQ
(http://www.pinksheets.com/). For more information about Forterus
and the variety of healthcare services it provides, including
behavioral, intervention services, drug and alcohol rehabilitation,
pain management and physical therapy, visit
http://www.forterushealthcare.com/ and http://www.abttc.com/.
CONTACT: Paul Howarth, CEO 888/257-8345 DATASOURCE: Forterus Inc.
CONTACT: Paul Howarth, CEO of Forterus Inc., 1-888-257-8345, Web
Site: http://www.abttc.com/ http://www.forterushealthcare.com/
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