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Admar Group Inc

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BUSINESS
December 18, 1995
The Admar Group Inc. posted slight increases in earnings and revenue in the third quarter. The Santa Ana managed health care services company reported net income of $62,000 for the fiscal quarter ended Oct. 31, up 3% from $60,000 a year ago. Revenue increased 2% to $4.3 million from $4.2 million. Nine-month profit was $432,000, or 5 cents a share, up 22% from the $353,000, or 4 cents a share, for the corresponding period last year. Revenue increased 4% to $13.3 million from $12.8 million.
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BUSINESS
February 6, 1996
Admar Group Inc. said it has allowed certain publicly traded stock-purchase warrants to expire. Admar, which develops and administers managed health care services, said the expiration applies to publicly traded warrants to purchase 307,800 common shares at an exercise price of $3.75 a share. The term of the warrants, originally scheduled to expire in Dec. 19, 1987, had been extended by the company board at various times and was most recently extended to Feb. 1.
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BUSINESS
May 19, 1993
Admar Group Inc., the Santa Ana managed health care services company, posted a profit of $149,000, or 2 cents a share, for its first fiscal quarter. That contrasted with a loss of $264,000, or 3 cents a share, for the comparable quarter in 1992. Revenue for the three months ended April 30 was up 73% to $4.5 million from $2.6 million. The company attributed the increase to the growth of several clients, the addition of new clients and the acquisition of four companies in 1992 and early 1993.
BUSINESS
December 18, 1995
The Admar Group Inc. posted slight increases in earnings and revenue in the third quarter. The Santa Ana managed health care services company reported net income of $62,000 for the fiscal quarter ended Oct. 31, up 3% from $60,000 a year ago. Revenue increased 2% to $4.3 million from $4.2 million. Nine-month profit was $432,000, or 5 cents a share, up 22% from the $353,000, or 4 cents a share, for the corresponding period last year. Revenue increased 4% to $13.3 million from $12.8 million.
BUSINESS
November 22, 1990
Admar Group Inc., a service company for the health care industry, said Wednesday that it has agreed to buy a Maryland-based firm that reviews patient treatment plans to contain insurance costs. The $500,000 acquisition, which will give Admar a greater presence on the East Coast, is expected to close Nov. 30. Admar has entered into a definitive agreement to buy HealthCare Strategies Inc. from its parent, TPA of America, a health care management company in Austin, Tex.
BUSINESS
September 8, 1995 | JOHN O'DELL, TIMES STAFF WRITER
Admar Group Inc., a packager of health care programs, said it has received a $19.7-million purchase offer from a Maryland health maintenance organization owned by one of the country's larger life insurance firms. Richard Toral, Admar's chairman, chief executive and founder, said negotiations are underway on Principal Health Care Inc.'s offer to acquire the Santa Ana company for $2.25 per share--roughly double the price at which Admar's stock has been trading in recent months.
BUSINESS
May 17, 1990 | LESLIE BERKMAN, TIMES STAFF WRITER
In an attempt to boost their growth and improve paper-thin profit margins, two Orange County health-care management companies--Admar Group Inc. and Capp Care Inc.--said Wednesday that they are planning to merge operations. The proposed marriage of the two companies, now just 15 miles apart, would create one of the largest preferred provider network organizations in the country.
BUSINESS
September 8, 1995 | JOHN O'DELL, TIMES STAFF WRITER
Admar Group Inc., a packager of health care programs, said it has received a $19.7-million purchase offer from a Maryland health maintenance organization owned by one of the country's larger life insurance firms. Richard Toral, Admar's chairman, chief executive and founder, said negotiations are underway on Principal Health Care Inc.'s offer to acquire the Santa Ana company for $2.25 per share--roughly double the price at which Admar's stock has been trading in recent months.
BUSINESS
September 15, 1994
Admar Group Inc., a Santa Ana managed health care services company, reported a profit of $126,000, or 1 cent a share, for the second fiscal quarter, down 5% from the $132,000, or 2 cents a share, recorded for the comparable quarter of 1993. Revenue for the quarter ended July 31 declined to $4.3 million from $4.6 million. Profit for the first half increased to $293,000, or 3 cents a share, from $281,000, or 3 cents a share, for the same period last year. Revenue dropped 7%, to $8.
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