gentiva health services (GTIV) Key Developments
Gentiva Health Services Inc., Special/Extraordinary Shareholders Meeting, Jan 22, 2015
Jan 22 15
Gentiva Health Services Inc., Special/Extraordinary Shareholders Meeting, Jan 22, 2015. Agenda: To approve Gentiva’s combination with Kindred.
Gentiva Health Services Inc. announced delayed 10-Q filing
Nov 10 14
On 11/10/2014, Gentiva Health Services Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Gentiva Health Services Inc. Announces Unaudited Earnings Results for Third Quarter Ended September 30, 2014; Reaffirms Earnings Guidance for Full Year 2014
Nov 5 14
Gentiva Health Services Inc. announced unaudited earnings results for third quarter ended September 30, 2014. For the quarter, the company reported net revenues of $498.0 million, adjusted EBITDA of $48.5 million and adjusted income attributable to Gentiva shareholders per diluted share of $0.28. Net cash provided by operating activities was $13.4 million. Free cash flow was $10.2 million. Net income attributable to Gentiva shareholders was $8,046,000. EBITDA was $46,140,000. Income before income taxes and equity in net loss of CareCentrix was $14,135,000. Net income attributable to Gentiva shareholders was $8,046,000. Adjusted income attributable to Gentiva shareholders was $10,610,000. Net cash provided by operating activities was $13.4 million.
The company reaffirmed its full-year 2014. The company expects Adjusted EBITDA to be in the range of $183 million to $195 million and adjusted income attributable to Gentiva shareholders of $0.95 to $1.15 on a diluted per share basis. Net revenues expect to be in the range of $1.96 billion to $2.0 billion. Gentiva's 2014 outlook includes the full-year impact of its Harden acquisition and the final 2014 Medicare home health and hospice reimbursement rates issued by the Centers for Medicare and Medicaid Services (CMS). The 2014 outlook excludes any ongoing losses from closed and consolidated locations as the operations are wound down.
Gentiva Health Services Inc. to Report Q3, 2014 Results on Nov 14, 2014
Nov 5 14
Gentiva Health Services Inc. announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Nov 14, 2014
Law Firm Files Class Action Lawsuit Against Gentiva Health Services Inc
Oct 27 14
Andrews & Springer LLC announced that a class action lawsuit has been filed by another law firm on behalf of stockholders of Gentiva Health Services Inc. seeking to challenge the company's recently announced merger. On October 21, 2014, a Gentiva shareholder represented by another law firm has filed a class action complaint challenging its merger with Kindred. The complaint was filed in the Delaware Court of Chancery, Case No. 10261.