Birner Dental Management (BDMS) Reports Q1 Loss of $0.05/Share
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Birner Dental Management Services, Inc. Announces Results For 1Q 2016
May 13, 2016 8:30 AM EDTDENVER, May 13, 2016 /PRNewswire/ -- Birner Dental Management Services, Inc. (NASDAQ Capital Market: BDMS), business services provider of PERFECT TEETH® dental practices, announced results for the quarter ended March 31, 2016. For the quarter ended March 31, 2016, revenue decreased $156,000, or 0.9%, to $16.4 million. The Company's earnings before interest, taxes, depreciation, amortization, and stock-based compensation expense ("Adjusted EBITDA") decreased $195,000, or 16.3%, to $1.0 million. Net loss for the quarter ended March 31, 2016 increased $54,000 to $(100,000) compared to $(46,000) for the quarter ended March 31, 2015. Loss per share increased to $(0.05) for the quarter ended March 31, 2016 compared to $(0.02) for the quarter ended March 31,... More
