LifePoint Health (LPNT) Misses Q1 EPS by 1c

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LifePoint Health Reports First Quarter 2016 Results

April 29, 2016 7:00 AM EDT

First Quarter Revenue Increased Approximately 25% Over Prior Year

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- LifePoint Health, Inc. (NASDAQ: LPNT) today announced results for the first quarter ended March 31, 2016.

For the first quarter ended March 31, 2016, consolidated revenues were $1,580.7 million, up 25.1% from $1,263.7 million for the same period last year. Excluding certain items that adversely affected the Companys financial performance for the three months ended March 31, 2016 and 2015, and as discussed in more detail below, the Companys Adjusted Normalized EBITDA for the first quarter ended March 31, 2016, increased 7.2% to $186.3 million compared with... More