fbpx
Menu

APOLLO MEDICAL HOLDINGS REPORTS 72% REVENUE INCREASE YEAR OVER YEAR FOR THE THIRD QUARTER OF 2018

Share

Alhambra, CA and Glendale, CA (PR Newswire) November 14, 2018 Apollo Medical Holdings, Inc. (ApolloMed or the Company) (NASDAQ: AMEH), an integrated population health management company, today announced its consolidated 3 rd Quarter financial results for the three and nine months ended September 30, 2018. 

Financial Highlights for the Three Months Ended September 30, 2018 Compared to the Three Months Ended September 30, 2017 (unaudited):

– Total revenue of $167.3 million for the three months ended September 30, 2018 as compared to total revenue of $97.1 million in the comparable period of 2017, an increase of 72%. 

– Income from operations of $56.6 million for the three months ended September 30, 2018 as compared to $21.3 million in the comparable period of 2017, an increase of 166%. 

– Net income attributable to Apollo Medical Holdings, Inc. of $9.1 million for the three months ended September 30, 2018 as compared to $5.6 million in the comparable period of 2017, an increase of 62%. 

– As of September 30, 2018, the Company had total assets of $551.9 million, including cash and cash equivalents of $119.8 million. …

[Read on via official release]

Source: US SEC
View full document:
8-K_for_Apollo_Medical_Holdings_Inc_8-K-11-14-2018