Civitas Solutions (CIVI) Reports Q4 EPS of $0.42, Revenues Beat; Offers FY19 Revenue Outlook
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Civitas Solutions Reports Fiscal 2018 Fourth Quarter and Full Year Financial Results
December 13, 2018 4:15 PM ESTBOSTON--(BUSINESS WIRE)-- Civitas Solutions, Inc. (NYSE: CIVI) today reported financial results for the fiscalfourthquarter and full year ended September30, 2018.
Fourth Quarter and Full Year Fiscal 2018 At A Glance
Fourth quarter net revenue increased 7.7% to $409.5 million Fourth quarter net loss was $1.6 million, compared to net loss of $10.7 million in the fourth quarter of fiscal 2017 Fourth quarter Adjusted EBITDA was $43.5 million, a decrease of 0.2% compared to the fourth quarter of fiscal 2017 Fiscal 2018 net revenue increased 8.7% to $1,602.2 million Fiscal 2018... More