Comprehensive Care Corp. provided earnings guidance for the second quarter 2012. The company announced that it expects to report a profit for the second quarter of 2012, with revenues for the quarter of approximately $18 million. Revenues for the same quarter in 2011 were $18.6 million. However, during that quarter, the company posted a loss of $4 million. The improvement in results from the second quarter of 2011 to the second quarter of 2012 is primarily attributable to its Pharmacy Management Program which is now achieving traction and its cost reduction efforts to streamline its internal systems. Another aspect of the Pharmacy Management Program that contributed to a successful second quarter was the signing of a Third Amendment to a material agreement with one of its existing, at-risk pharmacy clients. As a result of the Amendment, the company received a $2.2 million, retroactive, cash adjustment to pharmacy prescriptions, which were originally charged to the company.