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0 1.58603289232165E-16 0.0714285714285715 0.214285714285714 0.214285714285714 0.0714285714285715 -0.142857142857143 -0.157
Stock impact report

AAC Holdings, Inc. Reports Second Quarter 2019 Results

AAC Holdings, Inc (AAC)  More Company Research Source: PR Newswire
Last aac holdings, inc earnings: 8/30 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.americanaddictioncenters.org
PDF BRENTWOOD, Tenn., Aug. 30, 2019 /PRNewswire/ -- AAC Holdings, Inc. (NYSE: AAC) ("the Company" or "AAC") announced financial results for the second quarter and six months ended June 30, 2019, as well as updated 2019 guidance.Second Quarter 2019 Operational and Financial Highlights:(All comparisons are to first quarter ended March 31, 2019, unless otherwise noted)Total revenues improved by 13% to $62.7 million Total inpatient census improved by 8% to 802 from 740 New admissions improved 4% to 4,830 from 4,641 Average daily inpatient revenue improved 17% to $790 from $674 Net loss attributable to AAC Holdings, Inc. common stockholders decreased 25% to $16.4 million, or $(0.66) per diluted common share from $22.0 million, or $(0.90) per diluted share. Adjusted EBITDA improved by 144% to $2.9 million compared to $(6.5) million (see non-GAAP reconciliation herein)."Despite the challenges we faced last year, we continue to see positive momentum in 2019 and believe that we will see continued [Read more]
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