Genesis Healthcare: 3Q Earnings Snapshot
KENNETT SQUARE, Pa. (AP) _ Genesis Healthcare Inc. (GEN) on Wednesday reported a loss of $58.1 million in its third quarter.
On a per-share basis, the Kennett Square, Pennsylvania-based company said it had a loss of 57 cents. Losses, adjusted for asset impairment costs, were 32 cents per share.
The operator of nursing homes and senior living communities posted revenue of $1.22 billion in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $1.67. A year ago, they were trading at 97 cents.