Sunlink Health Systems (SSY) Reports Q2 Loss of $0.98/Share
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SunLink Health Systems, Inc. Announces Fiscal 2016 Second Quarter Results
February 16, 2016 5:01 PM ESTATLANTA--(BUSINESS WIRE)-- SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced a loss from continuing operations for its second fiscal quarter ended December 31, 2015 of $9,288,000 or a loss of $0.98 per fully diluted share, compared to net earnings from continuing operations of $989,000 or $0.10 per fully diluted share, for the quarter ended December 31, 2014. The current quarter loss includes a non-cash charge to income tax expense of $7,306,000 to provide a full valuation allowance for deferred tax assets. Net loss for the quarter ended December 31, 2015 was $9,346,000, or a loss of $0.99 per fully diluted share, compared to net earnings of... More
