Five Star Quality Care (FVE) Reports Q2 Loss of $0.16

Go back to Five Star Quality Care (FVE) Reports Q2 Loss of $0.16

Five Star Quality Care, Inc. Announces Second Quarter 2016 Results

August 4, 2016 7:01 AM EDT

NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Quality Care, Inc. (Nasdaq: FVE) today announced its financial results for the quarter and six months ended June 30, 2016.

Financial Results for the quarter ended June 30, 2016:

Senior living revenue for the second quarter of 2016 increased 0.4% to $279.0 million from $277.9 million for the same period in 2015. Growth in senior living revenue reflects increases in average monthly rates to residents who pay privately for services and in the number of communities owned compared to the 2015 period, as well as a $1.0... More