Regional Health Properties, Inc. Announces Unaudited Consolidated Earnings Results for the Quarter and Year Ended December 31, 2019
Regional Health Properties, Inc. announced unaudited consolidated earnings results for the quarter and year ended December 31, 2019. For the quarter, the company's reported total revenues were $5,489,000 compared to $6,364,000 for the same period a year ago. Income from operations was $626,000 compared to $1,267,000 for the same period a year ago.
Net loss was $1,642,000 compared to income of $713,000 for the same period a year ago. Basic net loss per share of common stock attributable to company was $2.31 compared to $0.73 for the same period a year ago.
For the year, the company's reported total revenues were $22,046,000 compared to $25,148,000 for the same period a year ago. Loss from operations was $792,000 compared to income of $5,138,000 for the same period a year ago. Net loss was $11,895,000 compared to $985,000 for the same period a year ago. Basic net loss per share of common stock attributable to company was $11.86 compared to $5.20 for the same period a year ago.