Hooper Holmes (HH) Reports Q1 Loss of $0.03/Share

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Go back to Hooper Holmes (HH) Reports Q1 Loss of $0.03/Share

Hooper Holmes Announces First Quarter 2016 Financial Results

May 12, 2016 7:30 AM EDT

OLATHE, Kan.--(BUSINESS WIRE)-- Hooper Holmes, Inc. (NYSE MKT: HH) today announced financial results for the quarter ended March 31, 2016.

Consolidated revenues totaled $7.2 million for the first quarter of 2016, representing an increase of 27.5% compared to $5.7 million during the first quarter of 2015. The Company recorded a net loss of $3.4 million, or $0.03 per share for the first quarter of 2016 compared to a net loss of $2.1 million, or $0.03 per share for the first quarter of 2015. On an adjusted EBITDA basis, the Company's net loss for the first quarter 2016 was $1.4 million, a 10.1% improvement compared to the first quarter 2015.... More