Envision Healthcare Reports Solid Results for 2018 Second Quarter
ENVISION HEALTH CARE HOLDINGS (EVHC)
Last envision health care holdings earnings: 8/6 04:15 pm
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Source: Business Wire
Sale of Envision to KKR on Track for 2018 Fourth Quarter Closing NASHVILLE, Tenn.--(BUSINESS WIRE)-- Envision Healthcare Corporation (“Envision”) (NYSE: EVHC) today reported solid financial results for the three months and six months ended June 30, 2018. Highlights for the second quarter of 2018 include: Net revenue of $2.07 billion; Net loss attributable to common stockholders of $1.84 billion, or $15.21 per share; Adjusted net earnings of $113.1 million, or $0.92 per diluted share; and Adjusted EBITDA of $246.7 million. Envision’s net loss for the second quarter of 2018 included a non-cash impairment charge of $1.98 billion that affected its Physician Services’ segment goodwill. The goodwill adjustment resulted from the establishment of fair value based on the definitive agreement for Envision to be acquired a
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