Providence Service (PRSC) Tops Q1 EPS by 18c

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Providence Service Corporation Reports First Quarter 2018 Results

May 9, 2018 5:20 PM UTC

Highlights for the First Quarter of 2018:

Revenue from continuing operations of $406.0 million, a 1.6% increase from the first quarter of 2017 Income from continuing operations, net of tax, of $5.7 million, or $0.29 per diluted common share, compared to $1.9 million, or $0.03 per diluted common share, in the first quarter of 2017 Adjusted Net Income of $10.7 million, a 61.5% increase from the first quarter of 2017; Adjusted EPS of $0.63, an 80.0% increase from the first quarter of 2017Adjusted EBITDA of $19.3 million, a 24.0% increase from the first quarter of 2017 Adopted new revenue... More