AdCare Health Systems Reports Q4 EPS of $(0.15); May Not Be Comparable to Estimates of $0.02
AdCare Health Systems, Inc. (NYSE: ADK) reported unaudited financial results for the fourth quarter.
Revenue in the fourth quarter of 2010 increased 303% to a record $27.4 million from $6.8 million in the same quarter a year ago.
For earnings attributable to the company and its shareholders, net loss in the fourth quarter of 2010 totaled $1.0 million or $(0.15) per share, versus approximately breakeven in the same year-ago period.
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