Birner Dental Management (BDMS) Reports Q4 Loss of $0.29
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Birner Dental Management Services, Inc. Announces Results For Fourth Quarter And Year Ended 2016
March 30, 2017 8:30 AM EDTDENVER, March 30, 2017 /PRNewswire/ -- Birner Dental Management Services, Inc. (OTCQX: BDMS), business services provider of PERFECT TEETH® dental practices, announced results for the quarter and year ended December 31, 2016. For the year ended December 31, 2016 compared to 2015, revenue decreased $2.1 million, or 3.3%, to $61.8 million. The Company's earnings before interest, taxes, depreciation, amortization, stock-based compensation expense and change in fair value of contingent liabilities ("Adjusted EBITDA") decreased $1.2 million, or 33.1%, to $2.5 million for the year ended December 31, 2016 compared to 2015. Net loss for the year ended December 31, 2016 increased $681,000 to $(1.4) million compared to $(705,000) for the... More
