New Senior Investment Group (SNR) Reports Q2 Revenues Above Consensus
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New Senior Announces Second Quarter 2018 Results
August 9, 2018 6:30 AM EDTAnnounces Plan to Internalize Management and Other Strategic Initiatives
NEW YORK--(BUSINESS WIRE)-- New Senior Investment Group Inc. (New Senior or the Company) (NYSE: SNR) announced today its results for the quarter ended June 30, 2018. In addition, the Company announced three strategic initiatives: (i) a plan to internalize management, (ii) the expected refinancing of a $720 million loan, and (iii) a change to the Companys dividend policy.
SECOND QUARTER 2018 FINANCIAL HIGHLIGHTS
Net loss of $39.1 million, or $(0.48) per basic and diluted share Total net... More