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United States

Providence Service Corp (PRSC.OQ)

PRSC.OQ on NASDAQ Stock Exchange Global Select Market

51.23USD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Providence Service Corp announces sale of Mission Providence joint venture to Konekt
Friday, 11 Aug 2017 06:00am EDT 

Aug 11 (Reuters) - Providence Service Corp :Providence Service Corporation announces sale of Mission Providence joint venture to Konekt.Providence Service Corp - ‍Konekt will acquire 100% of mission providence for total consideration of approximately usd $23 million​.Providence Service Corp - ‍of total consideration, Providence is expected to receive approximately usd $17 million for its 75% interest in joint venture​.Providence Service Corp - ‍Mission Providence will operate as a stand-alone division within Konekt business​.  Full Article

Providence Service Corp reports Q2 earnings per share $0.19 from cont ops
Tuesday, 8 Aug 2017 04:40pm EDT 

Aug 9 (Reuters) - Providence Service Corp -:Providence Service Corporation reports second quarter 2017 results.Q2 adjusted earnings per share $0.32.Q2 revenue rose 2.5 percent to $408 million.Q2 earnings per share $0.19 from continuing operations.  Full Article

Providence Service says state of New Jersey intends to award contract
Thursday, 20 Jul 2017 04:43pm EDT 

July 20 (Reuters) - Providence Service Corp :Providence Service says its unit has been informed by state of New Jersey that it intends to award Logisticare a contract - sec filing.The contract is with N.J. department of human services division of medical assistance and health services.Providence Service - under renewal contract with NJ DMAHS, net services expected to generate, on average about $170 million of annual revenue.Providence Service - contract is to continue providing non-emergency medical transportation management services to medicaid-eligible individuals in New Jersey.  Full Article

Providence Service Corp reports Q1 revenue $399.5 million
Tuesday, 9 May 2017 04:02pm EDT 

May 9 (Reuters) - Providence Service Corp :Providence Service Corporation reports first quarter 2017 results.Q1 adjusted earnings per share $0.35.Q1 revenue rose 4.6 percent to $399.5 million.Q1 earnings per share $0.03 from continuing operations.  Full Article

Providence Service Q4 adjusted earnings per share $0.33
Thursday, 9 Mar 2017 04:15pm EST 

Providence Service Corp : Providence service corporation reports fourth quarter and full year 2016 results . Q4 adjusted earnings per share $0.33 . Q4 earnings per share $4.92 . Q4 revenue rose 3.4 percent to $386 million . Q4 earnings per share view $0.45 -- Thomson Reuters I/B/E/S .Q4 loss per share $1.77 from continuing operations.  Full Article

LOGISTICARE AND LYFT ANNOUNCE NATIONWIDE PARTNERSHIP
Tuesday, 7 Feb 2017 01:00pm EST 

LogistiCare: LOGISTICARE AND LYFT ANNOUNCE NATIONWIDE PARTNERSHIP . LOGISTICARE - THREE-YEAR NATIONWIDE PARTNERSHIP WITH LYFT .LOGISTICARE-PARTNERSHIP ALLOWS ELIGIBLE RIDERS TO REQUEST ON-DEMAND SERVICES PROVIDED BY LYFT THROUGH CO'S COMMERCIAL, STATE, MANAGED CARE ORGANIZATION CLIENTS.  Full Article

Providence Service Corp reports Q3 earnings per share $0.13 from continuing operations
Tuesday, 8 Nov 2016 05:25pm EST 

Providence Service Corp - : New $100 million share repurchase program is currently company's only outstanding repurchase program . Providence Service Corporation reports solid third quarter 2016 results and $100 million share repurchase program . Q3 adjusted non-gaap earnings per share $0.35 . Q3 revenue $412.5 million versus I/B/E/S view $417 million . Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S .Q3 earnings per share $0.13 from continuing operations.  Full Article

Providence Service Corp & Frazier Healthcare Partners announce strategic partnership in Matrix Medical Network
Monday, 29 Aug 2016 07:30am EDT 

Providence Service Corp : Providence Service Corporation and Frazier Healthcare Partners announce strategic partnership in Matrix Medical Network . Transaction values matrix at $537.5 million . Providence to receive gross cash proceeds of approximately $418 million . Following closing of transaction, Co will retain a 40% equity interest in matrix,have representatives on Matrix's board . Expects to recognize a pre-tax gain as a result of transaction in range of $125 million to $150 million in q4 of 2016 . Frazier will own a 60% equity interest in matrix medical network . Cash proceeds to co include term loan underwritten by SunTrust Robinson humphrey, Frazier's subscription for 60% equity interest .Intends to use a portion of cash proceeds to repay in full its term loan and swingline credit facilities.  Full Article

Providence Service Q2 adjusted non-gaap earnings per share $0.70
Monday, 1 Aug 2016 05:10pm EDT 

Providence Service Corp : Q2 adjusted non-gaap earnings per share $0.70 . Q2 earnings per share $0.21 from continuing operations . Providence service corporation reports second quarter 2016 results .Q2 revenue rose 7.7 percent to $450.6 million.  Full Article

Providence Service Corp announces share repurchase program
Monday, 9 Nov 2015 04:40pm EST 

Providence Service Corp:Board of Directors has approved a new stock repurchase program for up to $70.0 million of its common stock over the next 12 months.  Full Article

BRIEF-Providence Service Corp announces sale of Mission Providence joint venture to Konekt

* Providence Service Corporation announces sale of Mission Providence joint venture to Konekt