araimagea01.jpg

AMERICAN RENAL ASSOCIATES HOLDINGS, INC. ANNOUNCES SECOND QUARTER 2017 RESULTS
BEVERLY, MA (August 8, 2017) - American Renal Associates Holdings, Inc. (NYSE: ARA) (“ARA” or the “Company”), a leading provider of outpatient dialysis services, today announced financial and operating results for the second quarter ended June 30, 2017.
Certain metrics, including those expressed on an adjusted basis, are Non-GAAP financial measures (See “Use of Non-GAAP Financial Measures” and the reconciliation tables further below).
Second Quarter 2017 Highlights (all percentage changes compare Q2 2017 to Q2 2016 unless noted):
 
Net patient service operating revenues increased 0.2% to $186.0 million;
Net loss attributable to American Renal Associates Holdings, Inc. was $2.1 million as compared to $9.4 million in Q2 2016;
Adjusted EBITDA less noncontrolling interests (“Adjusted EBITDA-NCI”) was $27.4 million as compared to $31.6 million in Q2 2016;
Adjusted net income attributable to American Renal Associates Holdings, Inc. was $5.6 million, or $0.16 per share, for the second quarter of 2017;
Total dialysis treatments increased 8.9%, of which 8.6% was non-acquired growth; and
As of June 30, 2017, the Company operated 217 outpatient dialysis centers serving approximately 15,000 patients. 

Joseph (Joe) Carlucci, Chairman and Chief Executive Officer, said, “In coordination with our physician partners, ARA’s dedicated staff has remained focused on delivering the highest quality patient care, while also executing well on the operational initiatives we outlined earlier this year. Our second quarter financial performance validates that the actions our organization has taken thus far in 2017 are yielding positive results.”

“During the second quarter of 2017, we opened two new de novo clinics and ended the period with a pipeline of 32 signed clinics at June 30, 2017. Our pipeline continues to be strong and reflects the growing acceptance of our operating philosophy within the nephrology community. Our pipeline also reflects the high satisfaction rates ARA enjoys among existing nephrology groups, many of which continue to build on their relationship with ARA through additional de novo development,” continued Carlucci.






1

The following information was filed by American Renal Associates Holdings, Inc. (ARA) on Tuesday, August 8, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate American Renal Associates Holdings, Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by American Renal Associates Holdings, Inc..

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account