Agility Health, Inc. Announces Un-Audited Consolidated Earnings Results for the First Quarter Ended March 31, 2017
May 30, 2017 at 04:58 pm EDT
Agility Health, Inc. announced un-audited consolidated earnings results for the first quarter ended March 31, 2017. For the year, the company reported revenues of $17,309,981 compared to $15,521,949 for the previous year. Loss and total comprehensive loss attributable to was $1,554,138, compared to $662,364 for the last year. Loss from continuing operations before income taxes was $1,158,491 compared to $434,475 for the last year. Total comprehensive loss from continuing operations was $1,190,491 compared to $434,475 for the last year. Earnings before interest, taxes, depreciation and amortization (‘EBITDA’) from continuing operations declined from $1.1 million to $0.6 million, primarily driven by a 47% increase General & Administrative costs resulting in large part from one-time legal and financial advisory fees incurred in connection with the acquisition of Medic.