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CURAFLEX EXPECTS THIRD QUARTER EARNINGS TO MEET ESTIMATES

 CURAFLEX EXPECTS THIRD QUARTER EARNINGS TO MEET ESTIMATES
 ONTARIO, Calif., Sept. 29 /PRNewswire/ -- Curaflex Health Services,


Inc. (NASDAQ: CFLX), today reported that based on the performance of its current operations, it expects to report strong improvement in net revenue and earnings for the third quarter ending Sept. 30, 1992, compared to the same period last year. Further, the company expects to meet analysts' earnings estimates of $0.13 per share fully taxed for the 1992 third quarter. In addition, the company noted that it is optimistic for continued favorable results going forward.
 For the third quarter of 1991, Curaflex had fully taxed earnings of $252,000 or $0.05 per share based on 5.5 million weighted average shares outstanding. The company currently has 8.9 million weighted average shares outstanding, reflecting its initial public offering of stock in March 1992. For the 1991 third quarter, net revenue was $10.1 million.
 Curaflex Health Services, Inc., is a national provider of comprehensive infusion therapy and related services to patients in the home and alternative site environments. Its home infusion therapy operations include regional centers and satellite facilities strategically located in major U.S. markets. The company also provides infusion therapy as part of a broader program of clinical care, at disease-specific outpatient centers focusing on treatment of complex long-term diseases.
 -0- 9/29/92
 /CONTACT: June Filingeri or Robert Borchert, 212-986-5900, or Ken Dennard, 415-296-7383, all of Morgen-Walke Associates, for Curaflex/
 (CFLX) CO: Curaflex Health Services, Inc. ST: California IN: HEA SU: ERP


GK -- NY016 -- 4236 09/29/92 09:05 EDT
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Publication:PR Newswire
Date:Sep 29, 1992
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