Brookdale Senior Living (BKD) Posts Q4 Loss of $1.45/Share

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Go back to Brookdale Senior Living (BKD) Posts Q4 Loss of $1.45/Share

Brookdale Announces Fourth Quarter and Full Year 2016 Results

February 13, 2017 4:01 PM EST

NASHVILLE, Tenn., Feb. 13, 2017 /PRNewswire/ --

FOURTH QUARTER 2016 AND RECENT HIGHLIGHTS:

Net loss increased 54.1% to $268.6 million for the fourth quarter of 2016 compared to $174.3 million for the fourth quarter of 2015. Adjusted EBITDA(1) increased 3.5% to $184.2 million for the fourth quarter of 2016 compared to $178.0 million for the fourth quarter of 2015.  Excluding integration, transaction, transaction-related and strategic project costs of $10.1 million, Adjusted EBITDA for the fourth quarter of 2016 was $194.2 million. Fourth quarter 2016 net cash provided by operating activities decreased 1.9% from the fourth quarter of 2015, to $88.5 million.  Adjusted Free Cash Flow for the... More