Infusystem Hldgs, Inc. (INFU) Reports Q4 Loss of $0.02

Infusystem Hldgs, Inc. (NYSE: INFU) reported Q4 EPS of ($0.02). Revenue for the quarter came in at $16.9 million.

Fourth Quarter Overview:

• Net revenues totaled $16.9 million, a decrease of 10% versus fourth quarter 2015 net revenues (pre-SE1609) of $18.7 million;
• Product sales decreased 23% to $2.0 million over last year\'s comparable quarter due to a large opportunistic sale in the prior year period;
• Bad debt increased 19% for the quarter compared to the prior year period, largely due to the implementation of SE1609;
• Net loss of $473,000, or ($0.02) per diluted share, compared to fourth quarter 2015 net income of $1.5 million, or $0.07 per diluted share;
• EBITDA was $2.4 million, or a decrease of 52% compared to the prior year period, with a margin of 14.0% (EBITDA divided by Net Revenues); AEBITDA decreased 44% to $2.9 million with a margin of 17.3% (AEBITDA divided by Net Revenues) versus the fourth quarter of 2015;
• Net Collected Revenues decreased 13% over last year\'s comparable quarter; and
• Net Collected Rental Revenues decreased 11% over last year\'s comparable quarter.

For earnings history and earnings-related data on Infusystem Hldgs, Inc. (INFU) click here.

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