Published on September 22, 2009 at 5:43 AM
Prospect Medical Holdings, Inc. (NYSE Amex: PZZ) (“Prospect”), which provides quality, coordinated healthcare and physician services in southern California, today announced that, effective September 30, 2009, shares of its common stock are scheduled to move from trading on the NYSE Amex to trading on the Nasdaq Global Market. The stock will continue to trade under the symbol “PZZ.”
Prospect’s acceptance to the Nasdaq Global Market is another important corporate milestone, and a reflection of its continuous progress as a public company. Prospect is continuing to strengthen its core operations and improve its capital structure as it creates a platform for future organic and acquisition-driven growth. Prospect reported fiscal 2009 third quarter (ended June 30th) financial results that included a 41% increase in revenues to $114.3 million, a 65% rise in operating income to $6.7 million, a 25% improvement in Adjusted EBITDA to $12.8 million, and trailing twelve month adjusted EBITDA of $50.4 million.
www.prospectmedicalholdings.com
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