Inspeech Inc. Announces Strong Gains

Posted: August 17, 1989

Increased productivity and lower administrative costs helped InSpeech Inc., the Valley Forge provider of rehabilitative services, produce strong gains in

revenues and profits for the quarter and 12 months ended June 30.

Turnover decreased among clinical staff employees who provide services, while the company increased the number of contracts it had to provide rehabilitative services in nursing homes.

InSpeech provides physical, occupational and speech therapy to more than 1,500 nursing homes and other health-care facilities in 29 states.

INSPEECH INC. (INSP) OTC

4 QTR. '89 4 QTR. '88 PCT.

END 6/30 END 6/30 CHG.

Sales (millions) $19.9 $16.5 +21

Net income (millions) $1.81 $0.49 +269

Per share $0.13 $0.04 +225

12 MO. '89 12 MO. '88 PCT.

Sales (millions) $70.5 $57.8 +22

Net income (millions) +$5.11 -$1.05 N.C.

Per share +$0.38 -$0.08 N.C.

N.C. = Not calculable.

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