American Renal Associates: 3Q Earnings Snapshot

November 5, 2019 GMT

BEVERLY, Mass. (AP) _ American Renal Associates Holdings Inc. (ARA) on Tuesday reported third-quarter net income of $4.8 million, after reporting a loss in the same period a year earlier.

The Beverly, Massachusetts-based company said it had net income of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 33 cents per share.

The dialysis centers owner posted revenue of $211.4 million in the period.

American Renal Associates shares have fallen 24% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.73, a decline of 56% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARA at https://www.zacks.com/ap/ARA