Providence Service (PRSC) Tops Q2 EPS by 8c

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Providence Service Corporation Reports Second Quarter 2018 Results

August 7, 2018 4:55 PM EDT

Highlights for the Second Quarter of 2018:

Revenue from continuing operations of $411.8 million, a 0.9% increase from the second quarter of 2017Loss from continuing operations, net of tax, of $11.4 million, or $0.94 per diluted common share, includes impairment charges of $9.9 million, or $0.75 per diluted common shareAdjusted Net Income of $3.1 million; Adjusted EPS of $0.13Segment level Adjusted EBITDA of $18.0 millionRepurchased 256 thousand shares during the second quarter of 2018

STAMFORD, Conn., Aug. 07, 2018 (GLOBE NEWSWIRE) -- The Providence Service... More