Sonida Senior Living, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
March 27, 2024 at 05:00 am EDT
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Sonida Senior Living, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 65.72 million compared to USD 59.53 million a year ago. Net loss was USD 14.63 million compared to USD 16.57 million a year ago.
Basic loss per share from continuing operations was USD 2.17 compared to USD 2.79 a year ago. Diluted loss per share from continuing operations was USD 2.17 compared to USD 2.79 a year ago.
Sonida Senior Living, Inc. operates senior housing communities in the United States in terms of resident capacity. The Company provides residential housing and services to people aged 75 years and older, including independent living, assisted living, and memory care services. It provides independent living services to seniors, which include daily meals, transportation, social and recreational activities, laundry, housekeeping and 24-hour staffing. It also fosters the wellness of its residents by offering access to health screenings (such as blood pressure checks), periodic special services (such as COVID-19 and influenza inoculations), dietary and similar programs, and ongoing exercise and fitness classes. It also offers a range of assisted living care and services, including personal care services, 24-hour staffing, support services, and other supplemental services, including memory care services at some communities. It operates over 71 senior housing communities in 18 states.
SONIDA SENIOR LIVING, INC. 
