BEVERLY, Mass. (AP) _ American Renal Associates Holdings Inc. (ARA) on Monday reported a loss of $7 million in its fourth quarter.
The Beverly, Massachusetts-based company said it had a loss of 22 cents per share. Earnings, adjusted for non-recurring costs, came to 19 cents per share.
The dialysis centers owner posted revenue of $206.1 million in the period.
For the year, the company reported that its loss widened to $21.8 million, or 68 cents per share. Revenue was reported as $822.5 million.
American Renal Associates shares have declined 15% since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.81, a fall of 14% in the last 12 months.