AdCare Reports Third Quarter Results

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Go back to AdCare Reports Third Quarter Results

AdCare Health Systems (ADK) Reports Q3 Loss of $0.32

November 12, 2015 7:08 AM EST

AdCare Health Systems (NYSE: ADK) reported Q3 EPS of ($0.32), versus ($0.22) reported last year. Revenue for the quarter came in at $10.4 million, versus $5.1 million reported last year.

Transition Summary

The company has entered into agreements for all 40 of the healthcare facilities it owned, operated or managed before the transition commenced.

Thirty-six facilities have transferred operations to third-party operators or are... More