LifePoint Health (LPNT) Misses Q2 EPS by 19c, Guidance Falls Short
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LifePoint Health Reports Second Quarter 2016 Results
July 29, 2016 6:30 AM EDTBRENTWOOD, Tenn.--(BUSINESS WIRE)-- LifePoint Health, Inc. (NASDAQ: LPNT) today announced results for the second quarter and six months ended June 30, 2016.
For the second quarter ended June 30, 2016, consolidated revenues were $1,592.4Â million, up 25.3% from $1,270.4 million for the same period last year, primarily as a result of our recent acquisitions in Flemingsburg, Kentucky, Jeffersonville, Indiana, Watertown, Wisconsin, Hickory, North Carolina, Sanford, North Carolina, Columbus, Georgia and Columbia, South Carolina.
Net income for the second quarter ended June 30, 2016, was $20.1Â million, down $29.7 million, or 59.6%, compared with net income of $49.8 million for the same... More
