Inuvo, HMA offer preview


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  • | 7:21 p.m. January 10, 2011
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While both Health Management Associates Inc. (symbol: HMA) and Inuvo Inc. (symbol: INUV) are currently scheduled to publish official results from their 2010 fourth quarter performance in several weeks, both companies issued preliminary reports this morning.

HMA expects to post fourth quarter net revenues of $1.35 billion, giving the company $5.11 billion in annual net revenues for the year 2010. The company also said it expects to earn between $5.7 billion and $5.9 billion in 2011. Its official earnings release is scheduled for late February.

Inuvo expects to report fourth quarter revenues of $14 million, a 46% year-over-year increase from the tail end of 2009. That amount would be down slightly from 2010's third quarter, during which time Inuvo lost $2.23 million in net income. The company's official fourth quarter earnings release is scheduled for late March.

 

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