DENVER, May 9, 2013 (GLOBE NEWSWIRE) -- Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, reported financial results for the quarter ended March 31, 2013 and provided an update on April 2013 flight volume. For the quarter, revenue decreased 6% to $179.2 million from $190.8 million in the prior-year quarter. Net loss for the first quarter of 2013 was $5.7 million, or $0.15 per share, compared with net income of $12.5 million, or $0.32 per diluted share, in the first quarter of 2012. The current-year quarter includes the results of operations for Sundance Helicopters, Inc., a Grand Canyon tour operator (Sundance), which was acquired by the Company on December 31, 2012. Revenue and pre-tax income generated from Sundance during the first quarter of 2013 was $10.4 million and $0.1 million, respectively.
Air Methods Reports 1Q2013 Results And 2Q2013 Update
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