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News and Information Article
WEST PALM BEACH, Fla., Jan. 9 /-FirstCall/ -- HearUSA, Inc.
(Amex: EAR) announced today that revenues for the month of December 2005
increased 11% to $7.5 million from $6.8 million in December 2004. Revenues
for the fourth quarter increased 5% to $19 million from $18 million. Annual
revenue for fiscal year 2005 increased 11% to $77 million from $69 million.
"As a result of the companys acquisition program, which complicates the
concept of same store sales, the company will no longer be issuing monthly
revenue releases," stated Gino Chouinard, Executive Vice President and Chief
Financial Officer. "However, each quarterly release will now include a
breakout of revenues derived from acquisitions in order to provide investors
with a better understanding of the source of our growth," Mr. Chouinard
concluded.
About HearUSA
HearUSA provides hearing care to patients whose health insurance and
managed care organizations have contracted with the company for such care and
to retail "self-pay" patients. The company-owned centers are located in
California, Florida, New York, New Jersey, Massachusetts, Ohio, Michigan, and
Missouri and the province of Ontario Canada. In addition, the company has a
network of 1,400 affiliated audiologists in 49 states. For further
information, click on "investor information" at HearUSAs website
http://www.hearusa.com .
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