AAC Holdings (AAC) Maintains FY15 Guiance

AAC Holdings, Inc. (NYSE: AAC) anticipates it will report its fourth quarter and full year 2015 financial and operating results on February 23, 2016 and expects to report operating and financial results within the previous guidance provided for the year ended December 31, 2015. The Company will be speaking at investor meetings later this week and will timely post a presentation on the Investor Relations page of its website that includes an overview of certain 2015 matters and a preview of certain 2016 business objectives.

For the fourth quarter and full year 2015, the Company reports the following:

• Client admissions of 2,462 for the quarter and 7,763 for the year, up 93% and 64%, respectively, from comparable periods a year ago
• Average daily residential census of 670 for the quarter, up 60% from a year ago
• Outpatient visits at our ten stand-alone outpatient centers of 4,609 for the quarter and 13,160 for the year
• Bed count at December 31, 2015 of 897 compared with 493 a year ago
• Revenues, Adjusted EBITDA and Earnings per diluted share are anticipated to be within the previously issued guidance of $209 million to $212 million for revenues, $42 million to $43 million for Adjusted EBITDA and $0.89 to $0.91 for adjusted earnings per diluted share for 2015. This outlook does not include the impact of stock-based compensation, acquisition-related expense, litigation settlement and California related expense, de novo start-up expense or facility losses and closure expense related to FitRx and the Academy.

“Our operating metrics continue to be strong across the board leading to our anticipated full year results,” noted Michael Cartwright, Chairman and Chief Executive Officer of AAC Holdings, Inc. “New client admissions have enabled us to drive census at River Oaks and our other facilities, including those acquired in 2015, while we remain at capacity on outpatient visits until new facilities come online this year.”

Investor Earnings Conference Call

The Company will issue its fourth quarter 2015 earnings release prior to the market opening on February 23, 2016 and host a conference call and live audio webcast, both open for the general public to hear, later that same day at 11:00 a.m. ET. The number to call for this interactive teleconference is (412) 542-4144. A replay of the conference call will be available one hour after the call through March 2, 2016, by dialing (412) 317-0088 and entering the replay access code: 10079603.

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