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Diversicare Healthcare: 2Q Earnings Snapshot

BRENTWOOD, Tenn. (AP) _ Diversicare Healthcare Services Inc. (DVCR) on Thursday reported a second-quarter loss of $311,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of 5 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 1 cent per share.

The long-term care services provider posted revenue of $141.1 million in the period.

Diversicare Healthcare shares have decreased 31 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.86, a drop of 27 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DVCR at https://www.zacks.com/ap/DVCR