Entering text into the input field will update the search result below

Quorum Health down 17% after Q2 miss, softer revenue outlook

Aug. 08, 2019 11:26 AM ETQuorum Health Corporation (QHCCQ) StockBy: Douglas W. House, SA News Editor
  • Thinly traded nano cap Quorum Health (NYSE:QHC -16.5%) slumps on below-average volume of 120K shares after its Q2 report released after the close yesterday. Highlights:
  • Same facility net operating revenues: $442.4M (-4%).
  • Net loss: ($16.9M); loss/share: ($0.56); same-facility non-GAAP EBITDA: $36.9M (-8%).
  • Cash flow ops: ($10.4M) (-160%).
  • 2019 guidance: Same-facility operating revenues: $1,550M - 1,600M from $1,825M - 1,875M; same-facility non-GAAP EBITDA: $160M - 180M (unch).
  • Previously: Quorum Health EPS misses by $0.06, misses on revenue (Aug. 7)

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
QHCCQ--
Quorum Health Corporation