DENVER (AP) — DENVER (AP) — ModivCare Inc. (MODV) on Thursday reported a loss of $22.3 million in its first quarter.
The Denver-based company said it had a loss of $1.57 per share. Losses, adjusted for one-time gains and costs, came to 9 cents per share.
The provider of government-sponsored social services posted revenue of $684.5 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $666.2 million.
ModivCare expects full-year revenue in the range of $2.7 billion to $2.9 billion.
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