DENVER (AP) — DENVER (AP) — ModivCare Inc. (MODV) on Thursday reported a loss of $23.5 million in its fourth quarter.
The Denver-based company said it had a loss of $1.64 per share. Earnings, adjusted for one-time gains and costs, came to 19 cents per share.
The provider of government-sponsored social services posted revenue of $702.8 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $699.2 million.
For the year, the company reported a loss of $201.3 million, or $14.14 per share. Revenue was reported as $2.79 billion.
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