Acadia Healthcare down 7% after hours on Q3 miss, guidance cut

Acadia Healthcare (NASDAQ:ACHC) Q3 results:

Revenue: $777.3M (+2.2%).

Net income: $42.6M (-7.8%); non-GAAP net income: $46.0M (-4.6%); EPS: $0.48 (-9.4%); non-GAAP EPS: $0.52 (-5.5%); non-GAAP EBITDA: $146.6M (-1.5%).

2019 guidance: Revenue: $3.100B – 3.125B from $3.150B – 3.175B; non-GAAP EBITDA: $584M – 589M from $610M – 620M; non-GAAP EPS: $2.00 – 2.05 from $2.15 – 2.23.

Shares down 7% after hours.

Previously: Acadia Healthcare EPS misses by $0.03, misses on revenue (Nov. 5)

https://seekingalpha.com/news/3514955-acadia-healthcare-7-percent-hours-q3-miss-guidance-cut