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Adcare Health Systems Inc (ADK.A)

ADK.A on American Stock Exchange

1.62USD
2 Dec 2016
Change (% chg)

$0.07 (+4.52%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Adcare Health Systems Q2 revenue rose 61 percent to $7.2 mln
Monday, 15 Aug 2016 08:00am EDT 

Adcare Health Systems Inc : Adcare Health Systems reports second quarter 2016 results .Q2 revenue rose 61 percent to $7.2 million.  Full Article

Adcare Health says New Beginnings Care becomes debtor in possession
Wednesday, 22 Jun 2016 06:14am EDT 

Adcare Health Systems Inc : New beginnings care, llc became a debtor in possession in a series of bankruptcy cases jointly administered under new beginnings care, llc, et al., bankr. e.d. Tn chattanooga division . Oceanside facility and jeffersonville facility were both decertified by center for medicare services .Pursuant to terms of a order issued in bankruptcy casem automatic stay was lifted, allowing co to take possession of facilities from new beginnings.  Full Article

Adcare Health Systems posts Q1 loss of $0.19/share
Tuesday, 17 May 2016 07:25am EDT 

Adcare Health Systems Inc : Adcare Health Systems reports first quarter 2016 results . Q1 revenue rose 355 percent to $7.1 million . Q1 loss per share $0.19 .Qtrly loss per share from continuing operations $0.16.  Full Article

AdCare Health Systems, Inc announces buyback program of up to 500,000 shares of common stock
Thursday, 12 Nov 2015 07:10am EST 

AdCare Health Systems, Inc:Announces share repurchase program of up to 500,000 shares of common stock.Says any share repurchases are expected to be funded from cash on hand and cash flows from operating activities.  Full Article

AdCare Health Systems Inc signs agreement to purchase florida facility for $4.8 million
Tuesday, 22 Sep 2015 08:00am EDT 

AdCare Health Systems Inc:Says it has signed a letter of intent to purchase a skilled nursing facility with 55 operational beds in Florida for about $4.8 million, net of reserves.  Full Article

AdCare Health Systems, Inc. declares quarterly dividend
Wednesday, 2 Sep 2015 08:00am EDT 

AdCare Health Systems, Inc:Says the dividend on the Series A Preferred Stock will be payable on Sept. 30 to holders of record at the close of business on Sept. 18.The dividend payment will be $0.68 per share.  Full Article

AdCare Health Systems Inc gives FY 2015 guidance
Wednesday, 12 Aug 2015 07:00am EDT 

AdCare Health Systems Inc:Sees FY 2015 revenue to be between $30.0 and $30.8 million.Sees FY 2015 Adjusted FFO per share between $0.25 and $0.30.  Full Article

AdCare Health Systems Inc declares quarterly cash dividend
Tuesday, 30 Jun 2015 08:00am EDT 

AdCare Health Systems Inc:Declared cash dividend of $0.055 per share of common stock, payable on July 31 to shareholders of record as of July 15.Says quarterly dividend would represent an annualized dividend of $0.22 per share.Based on closing share price on June 29 this represents dividend yield of 6.6 pct.  Full Article

AdCare Health Systems announces public offering of Series A Preferred Stock
Thursday, 28 May 2015 08:46am EDT 

AdCare Health Systems inc:Commences a public offering of up to 400,000 shares of its 10.875% Series A Cumulative Redeemable Preferred Stock.Intends to use the net proceeds from the offering for general corporate purposes.MLV & Co. LLC and Northland Capital Markets are acting as Joint Book-Running Managers to offer and sell the Series A Preferred Stock on a "best efforts" basis.  Full Article

AdCare Health Systems Inc announces public offering of Series A preferred stock
Wednesday, 8 Apr 2015 08:46am EDT 

AdCare Health Systems Inc:Commences underwritten public offering of up to 400,000 shares of 10.875 pct Series A cumulative redeemable preferred stock.Intends to use net proceeds offering to repay certain indebtedness and for general corporate purposes, which may include the repayment of other debt or the funding of potential acquisitions.MLV & Co. LLC and Northland Capital Markets are acting as underwriters.  Full Article

BRIEF-Adcare Health Systems Q3 loss per share $0.19

* Adcare health systems says "board has thoroughly and diligently evaluated a wide range of strategic alternatives, including a sale or merger of company"