Adeptus Health Inc. Announces 2138% Rise In Q3 Bottom Line

(RTTNews) - Adeptus Health Inc. (ADPT) reported a profit for its third quarter that rose from last year.

The company said its bottom line came in at $6.49 million, or $0.31 per share. This was higher than $0.29 million, or $0.01 per share, in last year's third quarter.

Analysts had expected the company to earn $0.24 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 53.1% to $88.21 million. This was up from $57.60 million last year.

Adeptus Health Inc. earnings at a glance:

-Earnings (Q3): $6.49 Mln. vs. $0.29 Mln. last year. -Earnings Growth (Y-o-Y): 2137.9% -EPS (Q3): $0.31 vs. $0.01 last year. -EPS Growth (Y-o-Y): 3000% -Analysts Estimate: $0.24 -Revenue (Q3): $88.21 Mln vs. $57.60 Mln last year. -Revenue Change (Y-o-Y): 53.1%

-Guidance: Full year EPS guidance: $1.20 - $1.25