AdCare Health Systems Reports First Quarter 2016 Results

Go back to AdCare Health Systems Reports First Quarter 2016 Results

AdCare Health Systems (ADK) Misses Q1 EPS by 13c

May 17, 2016 7:09 AM EDT

AdCare Health Systems (NYSE: ADK) reported Q1 EPS of ($0.19), $0.13 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $7.1 million versus the consensus estimate of $1.6 million.

Cash and cash equivalents at March 31, 2016, totaled $2.3 million, as compared with $2.7 million at December 31, 2015. Restricted cash... More