American Renal Associates: 3Q Earnings Snapshot

Associated Press |

BEVERLY, Mass. (AP) _ American Renal Associates Holdings Inc. (ARA) on Thursday reported third-quarter profit of $2 million.

On a per-share basis, the Beverly, Massachusetts-based company said it had profit of 6 cents. Earnings, adjusted for non-recurring costs, came to 19 cents per share.

The dialysis centers owner posted revenue of $211 million in the period.

American Renal Associates shares have risen 16 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $20.23, a rise of 91 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARA at https://www.zacks.com/ap/ARA

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