AAC Holdings (AAC) Misses Q3 EPS by 4c
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AAC Holdings, Inc. Reports Third Quarter 2016 Results
November 3, 2016 6:30 AM EDTBRENTWOOD, Tenn., Nov. 3, 2016 /PRNewswire/ --Â AAC Holdings, Inc. (NYSE: AAC) announced its results for the third quarter ended September 30, 2016. All comparisons included in this release are to the comparable prior year period unless otherwise noted.
Third Quarter 2016 Operational and Financial Highlights:
Client admissions increased 65% to 3,258 Average daily residential census increased 52% to 853 Outpatient visits increased 253% to 15,299 Revenues increased 23% to $70.5 million Net loss to common stockholders was $2.5 million, or $(0.11) per diluted share Cash flows used in operations totaled $5.0 million Adjusted EBITDA was $12.1 million (see... More