Civitas Solutions (CIVI) Tops Q2 EPS by 26c, Miss on Revenues; Offers FY18 Revenue Outlook
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Civitas Solutions Reports Fiscal 2018 Second Quarter Financial Results
May 10, 2018 4:15 PM EDTBOSTON--(BUSINESS WIRE)-- Civitas Solutions, Inc. (NYSE: CIVI) today reported financial results for the fiscal second quarter ended March 31, 2018.
Second Quarter Fiscal 2018 At A Glance
Second quarter net revenue increased 8.4% to $392.8 million Second quarter net loss was $2.5 million, compared to net income of $5.5 million in the second quarter of fiscal 2017 Second quarter Adjusted EBITDA was $40.5 million, an increase of 2.9% compared to the second quarter of fiscal 2017Revenue growth in the quarter was... More
