Diversicare Healthcare: 3Q Earnings Snapshot
Diversicare Healthcare: 3Q Earnings Snapshot
BRENTWOOD, Tenn. (AP) _ Diversicare Healthcare Services Inc. (DVCR) on Thursday reported a loss of $7.4 million in its third quarter.
On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of $1.15. Losses, adjusted for non-recurring costs and to account for discontinued operations, were 15 cents per share.
The long-term care services provider posted revenue of $141.4 million in the period.
Diversicare Healthcare shares have dropped 40 percent since the beginning of the year. The stock has declined 49 percent in the last 12 months.
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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