KENNETT SQUARE, Pa. (AP) _ Genesis Healthcare Inc. (GEN) on Wednesday reported a loss of $373.8 million in its third quarter.
On a per-share basis, the Kennett Square, Pennsylvania-based company said it had a loss of $3.94. Losses, adjusted for asset impairment costs and to account for discontinued operations, were 36 cents per share.
The operator of nursing homes and senior living communities posted revenue of $1.32 billion in the period.
The company's shares closed at 87 cents. A year ago, they were trading at $2.79.
Graswald sentenced in kayak homicide
Harvey, budget shortfalls challenge local leaders
Advisor News
- Worker retirement confidence dips to lowest level in a decade
- What’s behind private equity investment in insurance brokerages
- Advisors get a win as NJ Senate passes independent contractor bill
- Why federal retirement benefits are more complex than advisors realize
- Why timing the market is still a retirement mistake and what to do instead
More Advisor NewsAnnuity News
- Best’s Special Report: U.S. Life/Annuity Industry Sees Bottom-Line Growth Despite 18% Decline in Total Income in First-Quarter 2026
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Fortitude Re Completes $500 Million FABN Issuance
- Reframing retirement income for greater certainty
- Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
More Annuity NewsHealth/Employee Benefits News
- Hicks Thomas Continues Managed Care Growth with Addition of Veteran Trial Lawyer Mitch Reid
- Wyoming lawmakers mull solutions to rising healthcare costs
- Minnesota health insurers seek double-digit rate increases for 2027
- Outsider Zach Lahn couldn’t stop Montana Medicaid expansion
- California is getting ready to increase a health insurance tax. Will it affect your premium?
More Health/Employee Benefits NewsLife Insurance News
- Earl Dudley Jr. to Become Chief Human Resources Officer at Mutual of Omaha
- How accelerated underwriting is transforming life insurance
- OVER $107 MILLION IN LIFE INSURANCE BENEFITS LOCATED FOR TENNESSEANS IN 2025 THROUGH NAIC'S LIFE INSURANCE POLICY LOCATOR SERVICE
- Maryland Heights man pleads guilty in murder-for-hire death of his mom
- AM Best Affirms Credit Ratings of Everlake Life Group Members
More Life Insurance News