Key Developments For Rural/Metro Corporation
Rural/Metro Corporation (RURL.O) (Consolidated Issue listed on NASDAQ Capital Market)
Rural/Metro Corporation Issues Q1 2010 Guidance
Rural/Metro Corporation announced that for the first quarter of 2010, it expects net revenue of $132.0 million, income from continuing operations of $3.5 million and earnings before interest, taxes, depreciation and amortization (EBITDA) from continuing operations of $17.8 million.
Rural/Metro Corporation Announces New Contract To Continue As 911 Ambulance Provider In Youngstown
Rural/Metro Corporation announced that it has been awarded a new long-term contract to continue providing exclusive emergency ambulance services to the City of Youngstown, Ohio. The four-year contract term began September 1, 2009, following a unanimous vote of the Youngstown Board of Control. The contract is expected to generate approximately $3.8 million in net revenue annually.
Rural/Metro Corporation Issues FY 2010 EBITDA Guidance
Rural/Metro Corporation announced that for fiscal 2010, it expects EBITDA from continuing operations expected to be in the range of $60.0 million to $63.0 million.
Rural/Metro Corporation Awarded Exclusive 911 Ambulance Contract Renewal In San Diego, California
Rural/Metro Corporation announced that it has once again been awarded the exclusive contract as the City of San Diego's partner in the provision of emergency ambulance services. The contract is expected to generate approximately $32.0 million in net revenue annually from emergency ambulance services. The initial contract term of five years is scheduled to begin on January 1, 2010, followed by one five-year optional renewal term thereafter, for a total possible contract length of 10 years.
Rural/Metro Corporation Announces Award of Contract To Continue Fire And EMS Services To Mountain Vista Fire District In Arizona
Rural/Metro Corporation announced that it has been awarded a new contract term to continue providing fire protection and emergency medical services to the Mountain Vista Fire District in Southern Arizona. The contract term began July 1, 2009 for an initial period of five years, followed by two two year renewal options, for a total possible length of nine years. The contract is expected to generate approximately $2.7 million in net revenue annually.
