- 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)