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Tivity Health Reports Fourth-Quarter 2017 Diluted EPS of $0.20 and Adjusted Diluted EPS of $0.41
Tivity Health (NASDAQ:TVTY) announced financial results for the fourth quarter and year ended December 31, 2017. As quoted in the press release: Income from continuing operations was $8.6 million, a decrease of 28.9% from $12.1 million for the fourth quarter of 2016. Adjusted income from continuing operations increased 26.0% to $17.6 million compared to $14.0 million for the fourth quarter of 2016. The …
Tivity Health (NASDAQ:TVTY) announced financial results for the fourth quarter and year ended December 31, 2017.
As quoted in the press release:
Income from continuing operations was $8.6 million, a decrease of 28.9% from $12.1 million for the fourth quarter of 2016. Adjusted income from continuing operations increased 26.0% to $17.6 million compared to $14.0 million for the fourth quarter of 2016. The fourth quarter of 2017 excludes $2.6 million in pre-tax restructuring charges and $7.4 million of income tax expense related to tax reform legislation. Adjusted income from continuing operations for the fourth quarter of 2016 excludes $5.2 million of pre-tax business separation costs and restructuring charges and a $2.2 million favorable adjustment to pre-tax depreciation expense. See pages 11-14 for a reconciliation of non-GAAP financial measures.
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