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Avalon Holdings Q4 net operating revenues $15.9 million

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Staff Writer | Friday March 15, 2019 4:03AM ET
Avalon Holdings
Avalon Holdings   Avalon Holdings incurred a net loss attributable of $1.8 million

Avalon Holdings Corporation announced financial results for the fourth quarter and fiscal year ended December 31, 2018.


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Net operating revenues in the fourth quarter of 2018 were $15.9 million compared with $14.2 million in the fourth quarter of 2017.

Avalon Holdings incurred a net loss attributable to Avalon Holdings Corporation common shareholders of $1.8 million in the fourth quarter of 2018 compared with a net loss attributable to Avalon Holdings Corporation common shareholders of less than $0.1 million in the fourth quarter of 2017.

For the fourth quarter of 2018, Avalon Holdings's basic net loss per share attributable to Avalon Holdings Corporation common shareholders was $0.47 compared with a basic net loss per share attributable to Avalon Holdings Corporation common shareholders of $0.01 in the fourth quarter of 2017.

For the year ended December 31, 2018, Avalon Holdings's net operating revenues were $62.2 million compared with $55.8 million for the year ended December 31, 2017.

Avalon Holdings incurred a net loss attributable to Avalon Holdings Corporation common shareholders of $1.1 million for the year ended December 31, 2018 compared with a net loss attributable to Avalon Holdings Corporation common shareholders of $0.3 million for the year ended December 31, 2017.

For the year ended December 31, 2018, basic net loss per share attributable to Avalon Holdings Corporation common shareholders was $0.30 compared with a basic net loss per share attributable to Avalon Holdings Corporation common shareholders of $0.08 for year ended December 31, 2017.

 

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