Providence Service (PRSC) Misses Q3 EPS by 10c

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Providence Service Corporation Reports Solid Third Quarter 2016 Results and $100 million Share Repurchase Program

November 8, 2016 5:25 PM EST

Third quarter revenue from continuing operations of $412.5 million, an 8.7% increase compared to the prior year periodThird quarter income from continuing operations, net of tax, of $3.5 million; diluted EPS from continuing operations of $0.13Third quarter Adjusted Net Income (non-GAAP) of $6.9 million; Adjusted EPS (non-GAAP) of $0.35 Third quarter segment-level Adjusted EBITDA (non-GAAP) from continuing operations of $24.8 million, an increase of 44.2% compared to the prior year periodNET Services announces Member Experience and Value Enhancement Initiative Authorization of new $100 million share repurchase program and... More