Almost Family, Inc. Acquires Home Care by Black Stone
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Almost Family (AFAM) Misses Q3 EPS by 1c; Acquires Black Stone Operations
November 4, 2015 9:16 AM ESTAlmost Family (NASDAQ: AFAM) reported Q3 EPS of $0.51, $0.01 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $131.2 million versus the consensus estimate of $133.14 million.
Almost Family also announced that it has acquired the stock of Black Stone Operations, LLC (Black Stone) effective today. Black Stone, a provider of in-home personal care and skilled home health services has 2015 revenues approaching $50 million through service locations in the western half of Ohio and operates under the name "Home Care by Black Stone".
Strategic Rationale for the... More
