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Civitas Solutions Reports Fiscal 2018 Third Quarter Financial Results

August 7, 2018 4:15 PM EDT

BOSTON--(BUSINESS WIRE)-- Civitas Solutions, Inc. (NYSE: CIVI) today reported financial results for the fiscal third quarter ended June 30, 2018.

Third Quarter Fiscal 2018 At A Glance

Third quarter net revenue increased 8.6% to $404.5 million Third quarter net income was $9.6 million, compared to $7.4 million in the third quarter of fiscal 2017 Third quarter Adjusted EBITDA was $51.7 million, an increase of 21.8% compared to the third quarter of fiscal 2017 Two acquisitions were completed during the third quarter, with total... More