GVHR » Topics » Full Year 2005 Earnings Guidance Reiterated

This excerpt taken from the GVHR 8-K filed Jul 28, 2005.

Full Year 2005 Earnings Guidance Reiterated

 

Gevity reiterated its full year 2005 guidance of diluted earnings per share of at least $1.25. As previously reported, this expectation does not reflect any reduction of previously estimated cost of workers’ compensation claims.

 

Mr. Vonk concluded, “Together with gains in production and improved retention, Gevity has demonstrated continued profitable growth, but we are still at a relatively early stage of our potential development. Going forward, we have a unique product offering that provides solutions to a broad universe of businesses and an infrastructure that generates significant economies of scale. Further, the phased introduction of our new Generation of Services is opening another avenue of growth with its particular appeal to more medium-sized companies with a larger number of employees than our average client today.”

 

This excerpt taken from the GVHR 8-K filed Apr 21, 2005.

Full Year 2005 Earnings Guidance Reiterated

Gevity reiterated its full year 2005 guidance of diluted earnings per common share of at least $1.25. As previously reported, this expectation excludes the impact of expensing outstanding stock options (which will not commence until 2006) and does not reflect any reduction of previously estimated cost of workers’ compensation claims.

Mr. Vonk concluded, “Looking beyond 2005, we stand fully positioned to further capitalize on our compelling business proposition, first-mover advantage, strong balance sheet, highly efficient infrastructure and outstanding market opportunity.”

EXCERPTS ON THIS PAGE:

8-K
Jul 28, 2005
8-K
Apr 21, 2005
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