Civitas Solutions (CIVI) Tops Q1 EPS by 17c
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Civitas Solutions Reports Fiscal 2018 First Quarter Financial Results
February 8, 2018 4:15 PM ESTBOSTON--(BUSINESS WIRE)-- Civitas Solutions, Inc. (NYSE: CIVI) today reported financial results for the fiscal first quarter ended December 31, 2017.
First Quarter Fiscal 2018 At A Glance
First quarter net revenue increased 10.0% to $395.4 million First quarter net income was $9.4 million, compared to $4.2 million in the first quarter of fiscal 2017. First quarter net income for fiscal 2018 includes a $6.5 million tax benefit related to the impact of the newly enacted tax law. First quarter Adjusted EBITDA increased 1.2% to $38.1 million, compared to the first quarter of fiscal 2017... More