Genesis Healthcare: 2Q Earnings Snapshot
KENNETT SQUARE, Pa. (AP) _ Genesis Healthcare Inc. (GEN) on Tuesday reported a loss of $39.6 million in its second quarter.
The Kennett Square, Pennsylvania-based company said it had a loss of 39 cents per share. Losses, adjusted for asset impairment costs, were 17 cents per share.
The operator of nursing homes and senior living communities posted revenue of $1.27 billion in the period.
In the final minutes of trading on Tuesday, the company’s shares hit $1.52. A year ago, they were trading at $1.44.