BRENTWOOD, Tenn. (AP) _ Brookdale Senior Living Inc. (BKD) on Tuesday reported first-quarter net income of $369.5 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Brentwood, Tennessee-based company said it had net income of $2. Losses, adjusted for non-recurring gains and to extinguish debt, came to 12 cents per share.
The senior housing company posted revenue of $1.01 billion in the period.
In the final minutes of trading on Tuesday, the company's shares hit $2.92. A year ago, they were trading at $6.47.