Providence Service: 2Q Earnings Snapshot

August 8, 2018

STAMFORD, Conn. (AP) _ The Providence Service Corp. (PRSC) on Tuesday reported a second-quarter loss of $12.3 million, after reporting a profit in the same period a year earlier.

The Stamford, Connecticut-based company said it had a loss of 95 cents per share. Earnings, adjusted for asset impairment costs and restructuring costs, came to 13 cents per share.

The provider of government-sponsored social services posted revenue of $411.8 million in the period.

Providence Service shares have risen 23 percent since the beginning of the year. The stock has increased 45 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRSC at https://www.zacks.com/ap/PRSC

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