BRENTWOOD, Tenn. (AP) _ Surgery Partners Inc. (SGRY) on Wednesday reported a loss of $19.8 million in its second quarter.
On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of 59 cents. Losses, adjusted for one-time gains and costs, were 29 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.
The surgical facilities operator posted revenue of $445.4 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $449.6 million.
Surgery Partners shares have declined 33% since the beginning of the year. The stock has dropped 57% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SGRY at https://www.zacks.com/ap/SGRY
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