Civitas Solutions (CIVI) PT Raised to $29.50 at UBS

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Go back to Civitas Solutions (CIVI) PT Raised to $29.50 at UBS

Civitas Solutions Reports Fiscal 2015 Fourth Quarter and Full Year Results

December 10, 2015 4:15 PM EST

BOSTON--(BUSINESS WIRE)-- Civitas Solutions, Inc. (NYSE: CIVI) today reported financial results for the fiscal fourth quarter and full year ended September 30, 2015.

Fourth Quarter and Fiscal 2015 Highlights

Fourth quarter net revenue increased 7.3% to $351.2 million Fourth quarter Adjusted EBITDA increased 12.9% to $37.9 million Fourth quarter net income was $4.3 million, compared to a net loss of $5.9 million in the fourth quarter 2014 Fiscal year net revenue increased 8.8% to $1,366.9 million Fiscal year Adjusted EBITDA increased 19.9% to $154.5 million... More