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06/13/2017
Show Teaser Civitas Solutions Expands Adult Day Health (ADH) Platform to the State of New Jersey with Acquisition of Paterson Provider
Civitas Solutions, Inc. today announced that it has expanded it platform of Adult Day Health services to the state of New Jersey with the acquisition of Mi Casa Es Su Casa, Inc., an ADH center in the city of Paterson. Located in New Jersey’ s third most populous city, the center has an average daily census of approximately 140 individuals and generated revenues of...Read more..
05/10/2017
Show Teaser Civitas Solutions Reports Fiscal 2017 Second Quarter Financial Results
Second quarter net revenue increased 4.8% to $362.4 million Specialty Rehabilitation Services segment continued its strong growth, with net revenue increasing 7.3% Second quarter net income was $5.5 million, compared to net income of $7.3 million in the second quarter of fiscal 2016 Second quarter Adjusted EBITDA decreased 6.3% to $38.6 million...Read more..
05/05/2017
Show Teaser Civitas Solutions, Inc. to Present at Three Healthcare Conferences in May and June
Bank of America Merrill Lynch Health Care Conference in Las Vegas. Civitas Solutions’ presentation will take place on Wednesday, May 17 th, 2017, at 3:40 p.m. PT/ 6:40 p.m. ET. UBS Global Healthcare Conference in New York City. ET. Jefferies Healthcare Conference in New York City.Read more..
05/03/2017
Show Teaser Civitas Solutions, Inc. Announces Schedule for Release of Fiscal 2017 Second Quarter Operating Results and Conference Call
Civitas Solutions, Inc. announced today that it plans to release its 2017 second quarter operating results on Wednesday, May 10, 2017 after market close. The announcement will be followed by a conference call and webcast at 5:00 p.m. Eastern Time. During the conference call, Bruce Nardella, president and chief executive officer, and Denis Holler, chief...Read more..
03/06/2017
Show Teaser Civitas Solutions, Inc. to Present at Two Upcoming Investor Conferences
Civitas Solutions, Inc. today announced that its management will present at the following conferences:. The Raymond James 38th Annual Institutional Investors Conference in Orlando, Florida. Civitas Solutions’ presentation will take place on Wednesday, March 8, 2017, at 10:25 a.m. ET. Barclays Global Healthcare Conference in Miami, Florida.Read more..
03/01/2017
Show Teaser Civitas Solutions Expands Adult Day Health (ADH) Services in the State of Maryland with Acquisition of Six Centers
Civitas Solutions, Inc. today announced that it has expanded its Adult Day Health services in the state of Maryland with the acquisition of Rainbow ADH and its six centers. With the addition of Rainbow’ s operations, Civitas now operates 11 centers in Maryland with annual revenues of approximately $30 million. “We are pleased with the progress we have made in...Read more..
02/09/2017
Show Teaser Civitas Solutions Reports Fiscal 2017 First Quarter Financial Results
First quarter net revenue increased 3.9% to $359.4 million; excluding at-risk youth divested operations, first quarter net revenue increased by 6.1% First quarter net income was $4.2 million, compared to a net loss of $5.6 million in the first quarter of fiscal 2016 First quarter Adjusted EBITDA increased 3.3% to $37.5 million. Net revenue for the first...Read more..
02/02/2017
Show Teaser Civitas Solutions, Inc. Announces Schedule for Release of Fiscal 2017 First Quarter Operating Results and Conference Call
Civitas Solutions, Inc. announced today that it plans to release its fiscal 2017 first quarter operating results on Thursday, February 9, 2017 after market close. The announcement will be followed by a conference call and webcast at 5:00 p.m. Eastern Time. During the conference call, Bruce Nardella, president and chief executive officer, and Denis Holler,...Read more..
12/14/2016
Show Teaser Civitas Solutions Reports Fiscal 2016 Fourth Quarter and Full Year Financial Results
Fourth quarter net revenue increased 3.1% to $362.2 million; excluding at-risk youth divested operations, fourth quarter net revenue increased by 6.3% Fourth quarter net income was $2.7 million, compared to net income of $4.3 million in the fourth quarter of fiscal 2015 Fourth quarter Adjusted EBITDA increased 12.5% to $42.6 million Fiscal 2016 net...Read more..
12/13/2016
Show Teaser Civitas Solutions, Inc. Announces Date of Annual Meeting of Stockholders
Civitas Solutions, Inc. announced today that it will conduct its 2017 annual meeting of stockholders on Friday, March 3, 2017 at 9:00 a.m. Eastern Time at its headquarters located at 313 Congress Street, Boston, Massachusetts. The record date for determination of the Civitas stockholders entitled to notice of and to vote at the annual meeting is January 9,...Read more..
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