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Stock impact report

SunLink Health Systems, Inc. Announces Fiscal 2019 Third Quarter Results

SunLink Health Systems, Inc. (SSY) 
NASDAQ:AMEX Investor Relations: sunlinkhealth.com
Company Research Source: Business Wire
ATLANTA--(BUSINESS WIRE)-- SunLink Health Systems, Inc. (NYSE American: SSY) today announced net earnings of $1,042,000 ($0.15 per fully diluted share) for its third fiscal quarter ended March 31, 2019 compared to a net loss of $588,000 (a loss of $0.08 per fully diluted share) for the quarter ended March 31, 2018. The net earnings in the current year’s quarter are due to the $2,136,000 pre-tax gain on the previously announced sale of a subsidiary’s nursing home and related property. The Company had a loss from continuing operations for its fiscal quarter ended March 31, 2019 of $325,000 (a loss of $0.05 per fully diluted share) compared to a loss from continuing operations of $593,000 (a loss of $0.08 per fully diluted share) for the quarter ended March 31, 2018. Consolidated net revenues from continuing operations for the quarters ended March 31, 2019 and 2018 were $12,361,000 and $11,333,000, respecti Show less Read more
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