Birner Dental Management (BDMS) Reports Q3 Loss of $0.12/Share

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Birner Dental Management Services, Inc. Announces Results For 3Q 2015

November 12, 2015 8:30 AM EST

DENVER, Nov. 12, 2015 /PRNewswire/ -- Birner Dental Management Services, Inc. (NASDAQ Capital Market: BDMS), business services provider of PERFECT TEETH® dental practices, announced results for the quarter and nine months ended September 30, 2015.  For the quarter ended September 30, 2015, revenue decreased $248,000, or 1.5%, to $15.9 million.  The Company's earnings before interest, taxes, depreciation, amortization, and stock-based compensation expense ("Adjusted EBITDA") decreased $194,000, or 19.2%, to $818,000 for the quarter ended September 30, 2015.  Net loss for the quarter ended September 30, 2015 decreased $176,000, or 43.7%, to $(227,000) compared to $(403,000) for the quarter ended September 30, 2014.  Net loss per share decreased to $(0.12) for the quarter ended... More