Adeptus Health Reports Third Quarter 2016 Results
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Adeptus Health (ADPT) Misses Q3 EPS by 50c
November 1, 2016 4:31 PM EDTAdeptus Health (NYSE: ADPT) reported Q3 EPS of $0.06, $0.50 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $85.4 million versus the consensus estimate of $89.99 million.
In a separate press release issued today, Adeptus Health's Board of Directors appointed Gregory W. Scott as the company's Chairman.
Thomas S. Hall, CEO, stated, "Third quarter results were disappointing due to weaker than expected volumes in non-HOPD markets, collection issues associated with our third party billing agent and higher costs associated with the opening of three... More
