Sonida Senior Living: Fourth Quarter Earnings Overview
Sonida Senior Living Reports Fourth Quarter and Annual Financial Results
Sonida Senior Living, Inc., headquartered in Dallas, announced on Wednesday that it recorded a net loss of $29.8 million for the fourth quarter.
The company reported a quarterly loss of $1.72 per share. After excluding asset impairment charges, the adjusted loss was $1.29 per share.
During the same period, Sonida generated $97.7 million in revenue, with adjusted revenue totaling $87.4 million.
For the full year, the company posted a total loss of $70.8 million, translating to $4.22 per share. Annual revenue reached $336.4 million.
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