Hooper Holmes (HH) Reports Q2 Loss of $0.29

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Hooper Holmes Announces Second Quarter 2016 Financial Results

August 11, 2016 7:30 AM EDT

OLATHE, Kan., Aug. 11, 2016 (GLOBE NEWSWIRE) -- Hooper Holmes, Inc. (NYSE MKT: HH) today announced financial results for the quarter ended June 30, 2016.

Consolidated revenues totaled $7.6 million for the second quarter of 2016, essentially flat compared to the second quarter of 2015.  The Company recorded a net loss of $2.5 million for the second quarter of 2016 compared to a net loss of $3.4 million for the second quarter of 2015, a 26% improvement.  Adjusted EBITDA for the second quarter 2016 was a loss of $1.1 million, an improvement of approximately 10% compared to the second quarter 2015. 

Gross... More