AAC Holdings (AAC) Misses Q2 EPS by 9c, Revenue Beats, Reaffirms Guidance
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AAC Holdings, Inc. Reports Second Quarter 2018 Results
August 1, 2018 4:34 PM EDTBRENTWOOD, Tenn., Aug. 1, 2018 /PRNewswire/ --Â AAC Holdings, Inc. (NYSE: AAC) today announced financial results for the second quarter ended June 30, 2018 and reiterates its previously issued full year 2018 guidance.
Second Quarter 2018 Operational and Financial Highlights:Â (All comparisons are to the comparable prior-year period, unless otherwise noted)
Total revenue increased 27% to $86.8 million on a comparable accounting basis (increased 11% as reported) Average daily inpatient revenue (ADR) increased 12% to $841 Total average daily census (ADC) increased to 1,157 compared with 961 Outpatient visits increased 230% to 51,019 Net loss... More