BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Brookdale Senior Living Inc. (BKD) on Tuesday reported a loss of $65 million in its first quarter.
On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of 28 cents. Losses, adjusted to extinguish debt and for asset impairment costs, came to 11 cents per share.
The senior housing company posted revenue of $813.9 million in the period.
Brookdale shares have risen 34% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.75, a drop of 7.5% in the last 12 months.
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