United American Healthcare Corporation Reports First Quarter 2018 Results
UNITED AMER HEALTHCARE CP (UAHC)
US:NASDAQ Investor Relations:
money.cnn.com/quote/profile/profile.html?symb=uahc
Company Research
Source: GlobeNewswire
CHICAGO, Aug. 15, 2018 (GLOBE NEWSWIRE) -- United American Healthcare Corporation (OTC:UAHC) (the “Company” or “UAHC Holding”), today announced the release of its unaudited first quarter report ending March 31, 2018 (“Quarterly Report”). The Quarterly Report can be found here. Additionally, the Company provided a summary of financial results from the report and an overview of recent operational highlights. UAHC Holding Highlights: UAHC Holding reported first quarter 2018 consolidated net income and comprehensive income of $0.1 million and $0.4 million, respectively. The Company’s subsidiary, Pulse Systems, LLC (“Pulse Systems” or “Pulse”), contributed $0.4 million to UAHC Holding’s reported consolidated net income, compared to its net income contribution of $0.3 million in first quarter of 2017. UAHC Holding’s consolidated comprehensive income for the period was negatively impacted by a change in fair value of an outstanding put obligation of $(0.5) million and other declines
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