Acadia Healthcare (ACHC) Misses Q3 EPS by 12c

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Acadia Healthcare Reports Third Quarter 2020 Results

October 29, 2020 4:05 PM EDT

Company Provides Fourth Quarter 2020 Guidance

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced financial results for the quarter ended September 30, 2020, and provided guidance for the fourth quarter of 2020.

The Company reported revenue of $833.3 million for the third quarter of 2020, compared with $777.3 million for the third quarter of 2019. Net income attributable to Acadia stockholders for the third quarter of 2020 was $37.0 million, or $0.42 per diluted share, compared to net income of $42.6 million, or $0.48 per diluted share, for the same period in 2019.

Results for... More

Acadia Healthcare Names Former Deloitte U.S. Chairman Michael J. Fucci to Board of Directors

October 28, 2020 4:05 PM EDT

Adds Risk Management and Human Resource Expertise to Acadia Board

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that Michael J. Fucci has been appointed to serve as an independent director on its Board of Directors. Mr. Fuccis appointment, which is effective immediately, will increase the size of the Acadia Board to nine members, eight of whom are independent.

Prior to his retirement in September 2020, Mr. Fucci served as Chairman Emeritus of Deloitte U.S. He previously served as Executive Chairman... More