Civitas Solutions (CIVI) Misses Q3 EPS by 13c

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Civitas Solutions Reports Fiscal 2015 Third Quarter Results

August 12, 2015 4:05 PM EDT

BOSTON--(BUSINESS WIRE)-- Civitas Solutions, Inc. (NYSE: CIVI) today reported financial results for the fiscal third quarter ended June 30, 2015.

Year-to-Date and Third Quarter Fiscal 2015 Highlights

Third quarter net revenue increased 8.7% to $346.0 million Third quarter Adjusted EBITDA increased 13.8% to $39.1 million Third quarter net income was $0.6 million, compared to $5 thousand in the third quarter of fiscal 2014 Ten acquisitions closed during the first nine months that had total annual revenues of $38.5 million During... More