Birner Dental Management (BDMS) Reports Q4 Loss of $0.20
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Birner Dental Management Services, Inc. Announces Results For Fourth Quarter And Year Ended 2015
March 30, 2016 8:30 AM EDTDENVER, March 30, 2016 /PRNewswire/ -- Birner Dental Management Services, Inc. (NASDAQ Capital Market: BDMS), business services provider of PERFECT TEETH® dental practices, announced results for the quarter and year ended December 31, 2015. For the year ended December 31, 2015 compared to 2014, revenue decreased $1.3 million, or 2.0%, to $63.8 million. The Company's earnings before interest, taxes, depreciation, amortization, stock-based compensation expense, severance compensation expense, office consolidation expense and change in fair value of contingent liabilities ("Adjusted EBITDA") decreased $293,000, or 7.3%, to $3.7 million for the year ended December 31, 2015 compared to 2014. Net loss for the year ended December 31, 2015 decreased $219,000 to... More
