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Stock impact report

Brookdale Announces Second Quarter 2018 Results

Brookdale Senior Living Inc. (BKD) 
Last brookdale senior living inc. earnings: 2/18 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
NASHVILLE, Tenn., Aug. 6, 2018 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended June 30, 2018. Second Quarter 2018 Highlights:Same community Revenue per Occupied Unit (RevPOR) increased 0.9% from the second quarter of 2017. The Company paid off its $316.3 million convertible senior notes that matured in June 2018. During the quarter, the Company announced several transactions with its largest lessors, including agreements with Welltower Inc. and Ventas, Inc. The Company reported net loss of $165.5 million for the three months ended June 30, 2018, compared to net loss of $46.3 million for the second quarter of 2017 and net loss of $457.2 million for the first quarter of 2018. Net cash provided by operating activities was $60.6 million for the second quarter of 2018, a decrease of $73.1 million compared to the second quarter of 2017 and a sequential increase of $22.7 million from the fi Show less Read more
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