Diversicare Healthc (DVCR) Reports Q2 Loss Per Share of $0.05

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Diversicare Announces 2015 Second Quarter Results

August 6, 2015 4:06 PM EDT

BRENTWOOD, Tenn., Aug. 6, 2015 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (NASDAQ: DVCR), a premier provider of long-term care services, today announced its results for the second quarter ended June 30, 2015.

On August 5, 2015, the Board of Directors declared a quarterly dividend of $0.055 per common share payable to shareholders of record as of September 30, 2015, to be paid on October 14, 2015.

Second Quarter 2015 Highlights

Net revenue increased 17.0% to $96.3 million in the second quarter of 2015 from $82.3 million in the second quarter of 2014, primarily attributable to the 10 nursing centers acquired during 2014 and 2015. Facility-level operating... More