AAC Holdings (AAC) Tops Q1 EPS by 5c
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AAC Holdings, Inc. Reports First Quarter 2016 Results
May 5, 2016 6:30 AM EDTBRENTWOOD, Tenn.--(BUSINESS WIRE)-- AAC Holdings, Inc. (NYSE: AAC) announced its results for the first quarter ended March 31, 2016. All comparisons included in this release are to the comparable prior year period unless otherwise noted.
2016 Financial Highlights:
Client admissions increased 73% to 2,623 Average daily residential census increased 59% to 764 Outpatient visits totaled 4,978 compared with 1,588 measured for the same period in the prior year Revenues increased 53% to $65.3 million Adjusted EBITDA increased 37% to $12.0 million (see non-GAAP reconciliation herein) Earnings per... More