Record Revenues and Significant Improvement in Earnings Drives Financial Performance
AUXILIO Reports First Quarter 2013 Financial Results
<0> AUXILIO, Inc.Clare Eckert, 401-855-2601 </0>
(OTCBB: AUXO), the nation’s pioneer and leading Managed Print Services (MPS) company for health care, today reported financial results for its quarter ended March 31, 2013.
“We have seen significant progress in our financial performance highlighted by a $1.3 million improvement in our earnings, and the additional revenue being generated by the record-breaking number of hospitals we signed in late 2011 and 2012, totaling 47 new hospital customers,” stated Joseph J. Flynn, president and CEO of AUXILIO, Inc. “Our margins have increased as these accounts mature, and we continue to see decreases in the operational support and operating expenses as a percentage of revenue. We expect this trend to continue as we grow the business.”
The company will host its first quarter 2013 financial results conference call today at 2 p.m. PT / 5 p.m. ET, the details for which follow. To access the call in the U.S., please dial 1-888-846-5003 and for international calls, dial 1-480-629-9856 approximately 10 minutes prior to the start of the conference. The conference ID is 4618909. The conference call will also be broadcast live over the Internet and available for replay for 15 days at . In addition, a replay of the call will be available via telephone for two business days, beginning two hours after the call. To listen to the replay, in the U.S., please dial 1-877-870-5176 and internationally, 1-858-384-5517. Enter access code 4618909.
AUXILIO, Inc. is the pioneer of Managed Print Services for the health care industry, working exclusively with hospitals and hospital systems throughout the United States. We are vendor independent and provide intelligent solutions, a risk free program and guaranteed savings. AUXILIO assumes all costs related to print business environments through customized, streamlined and seamless integration of services at predictable fixed rates that are unmatched in the industry. We work collaboratively to assist our health care-partners in the delivery of quality patient care. The service and solutions provided by our on-site Centers of Excellence professional print strategy consultants deliver unparalleled customer service across the industry. For more information about AUXILIO, visit .
This release contains certain forward-looking statements relating to the business of AUXILIO, Inc. that can be identified by the use of forward-looking terminology such as ``believes,'' ``expects,'' “anticipates,” “may” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product/services development, long and uncertain sales cycles, the ability to obtain or maintain patent or other proprietary intellectual property protection, market acceptance, future capital requirements, competition from other providers, the ability of our vendors to continue supplying the company with equipment, parts, supplies and services at comparable terms and prices and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, which are available at . AUXILIO, Inc. is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.