AAC Holdings (AAC) Misses Q2 EPS by 5c

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AAC Holdings, Inc. Reports Second Quarter 2016 Results

August 4, 2016 6:30 AM EDT

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- AAC Holdings, Inc. (NYSE: AAC) announced its results for the second quarter ended June 30, 2016. All comparisons included in this release are to the comparable prior year period unless otherwise noted.

Second Quarter 2016 Operational and Financial Highlights:

Client admissions increased 60% to 2,890 Average daily residential census increased 52% to 821 Outpatient visits increased 397% to 13,079 Revenues increased 33% to $71.5 million Net income available to common stockholders was $0.9 million, or $0.04 per diluted share Cash flows provided from operations totaled $2.0... More