Nobilis Health Corp (HLTH) Releases Earnings Results, Beats Expectations By $0.04 EPS

Nobilis Health Corp (HLTH) reported quarterly earnings results on Tuesday, Aug-2-2016. The company said it had a profit of $0.06 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.02. The company posted revenue of $61.90 million in the period, compared to analysts expectations of $62.18 million. The company’s revenue was up 26.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.02 EPS.

Nobilis Health Corp closed down -0.04 points or -1.38% at $2.85 with 12,57,000 shares getting traded on Friday. Post opening the session at $2.87, the shares hit an intraday low of $2.73 and an intraday high of $2.89 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Feb 5, 2016, Harry Joseph Fleming (CEO) purchased 10,000 shares at $2.38 per share price. According to the SEC, on Feb 2, 2016, Kenneth Efird (COO) purchased 11,900 shares at $2.08 per share price. On Feb 2, 2016, Kenneth Joseph Klein (CFO) purchased 5,000 shares at $2.16 per share price, according to the Form-4 filing with the securities and exchange commission.

Nobilis Health Corp. formerly Northstar Healthcare Inc. is a Canada-based company which partners with physicians in the development and management of ambulatory surgical centers (ASCs). The Company indirectly acquire and/or manage ambulatory surgery centers (ASCs) and healthcare facilities in the United States. It owns and manages ambulatory and acute care facilities to deliver healthcare services. The Company owns and manages nine healthcare facilities (Nobilis Facilities) in Texas and Arizona; two MRI centers an urgent care center one hospital and five ambulatory surgery centers (Nobilis ASCs) of which three are located in Houston Texas one in Dallas Texas and one in Scottsdale Arizona. The Company’s subsidiaries include Spring Northwest Management LLC Spring Northwest Operating LLC Willowbrook Imaging LLC GRIP Medical Diagnostics LLC and Athas Health LLC among others.

Nobilis Health Corp

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