American Renal Associates (ARA) Reports Q1 EPS of $0.16

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Go back to American Renal Associates (ARA) Reports Q1 EPS of $0.16

American Renal Associates Holdings, Inc. Announces First Quarter 2016 Results

May 12, 2016 4:15 PM EDT

BEVERLY, Mass.--(BUSINESS WIRE)-- American Renal Associates Holdings, Inc. (NYSE: ARA) (ARA or the Company), a leading provider of outpatient dialysis services, today announced financial and operating results for the first quarter ended March 31, 2016.

Certain metrics, including those expressed on an adjusted basis, are non-GAAP financial measures (See Use of Non-GAAP Financial Measures and the reconciliation tables further below).

First Quarter 2016 Highlights (all percentage changes compare Q1 2016 to Q1 2015 unless noted):

Net patient service operating revenues increased 15% to $172.1 million; Adjusted EBITDA less noncontrolling interests (Adjusted EBITDA-NCI)... More