AdCare Health Systems Reports Third Quarter 2016 Results

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AdCare Health Systems (ADK) Reports Q3 Loss of $0.19

November 14, 2016 4:42 PM EST

AdCare Health Systems (NYSE: ADK) reported Q3 EPS of ($0.19), versus ($0.32) reported last year. Revenue for the quarter came in at $7.2 million, versus $6.1 million reported last year.

Cash and cash equivalents at September 30, 2016, totaled $1.5 million, compared with $2.7 million at December 31, 2015. Restricted cash and investments at September 30, 2016,... More