BRENTWOOD, Tenn.--(BUSINESS WIRE)--April 26, 2005--America Service Group Inc. (NASDAQ:ASGR):
First Quarter and New Business Highlights:
-- Net income of $3.9 million in the quarter, compared with a loss of $358,000 in the prior year period
-- Adjusted EBITDA of $7.8 million in the quarter, compared with $6.7 million in the prior year period
-- Net cash provided by operating activities of $8.4 million in the quarter, compared with $3.0 million in the prior year period
-- Cash balances of $15.6 million at March 31, 2005, with no debt outstanding
-- Five new contracts commenced operations year-to-date
America Service Group Inc. (NASDAQ:ASGR) announced today results for the first quarter ended March 31, 2005.
