AAC Holdings (AAC) Reports Q4 Loss of $0.85/Share, Evaluation of Strategic Alternatives in Real Estate Portfolio
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AAC Holdings, Inc. Reports Fourth Quarter and Full Year 2018 Results and Provides Guidance for 2019
April 16, 2019 6:00 AM EDTBRENTWOOD, Tenn., April 16, 2019 /PRNewswire/ -- AAC Holdings, Inc. (NYSE: AAC) ("the Company") announced financial results for the fourth quarter and year ended December 31, 2018, as well as 2019 guidance.
Fourth Quarter 2018 Operational and Financial Highlights:(All comparisons are to the comparable prior-year period, unless otherwise noted)
Total inpatient daily census improved by 26% at March 31, 2019 compared to December 31, 2018 Total revenue decreased 26.6% to $57.4 million on a comparable accounting basis (total revenue decreased 33.3% on an as reported basis) Net loss attributable to AAC Holdings, Inc. common stockholders was... More