Adeptus Health Inc. Reveals 189% Gain In Q1 Bottom Line

(RTTNews) - Adeptus Health Inc. (ADPT) reported earnings for its first quarter that increased from last year.

The company said its bottom line climbed to $9.82 million, or $0.47 per share. This was higher than $3.40 million, or $0.16 per share, in last year's first quarter.

Analysts had expected the company to earn $0.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 38.5% to $112.77 million. This was up from $81.45 million last year.

Adeptus Health Inc. earnings at a glance:

-Earnings (Q1): $9.82 Mln. vs. $3.40 Mln. last year. -Earnings Growth (Y-o-Y): 188.8% -EPS (Q1): $0.47 vs. $0.16 last year. -EPS Growth (Y-o-Y): 193.8% -Analysts Estimate: $0.40 -Revenue (Q1): $112.77 Mln vs. $81.45 Mln last year. -Revenue Change (Y-o-Y): 38.5%

-Guidance: Full year EPS guidance: $2.50 - $2.60 Full year revenue guidance: $635.0 - $665.0 Mln