Advertisement
The Gulf conflict has disrupted global supply chains, pushed...
REITs have changed the way commercial real estate is owned a...
What does it take to preserve a real estate legacy while bui...
What really powers the cloud? Behind every Google search, A...
A lot of what defines a home isn’t visible at handover. I...
Regional Health Properties reported higher revenue and sales for the second quarter of 2026, while its net loss narrowed from a year earlier. The healthcare real estate company reported revenue of USD 24.44 million for the quarter, compared with USD 10.06 million in the same period last year. Sales increased to USD 10.44 million from USD 1.28 million. For the first six months of the year, revenue rose to USD 45.6 million, while the net loss narrowed to USD 2.01 million from USD 2.71 million a year earlier.
Regional Health Properties reported revenue of USD 24.44 million for the second quarter of 2026, compared with USD 10.06 million in the corresponding quarter last year.
Sales for the quarter increased to USD 10.44 million from USD 1.28 million a year earlier. The company reported a net loss of USD 0.79 million, narrowing from a net loss of USD 1.45 million in the same quarter last year. Basic loss per share from continuing operations stood at USD 0.20, compared with USD 0.68 a year earlier.
For the six months ended June, Regional Health Properties reported revenue of USD 45.6 million, compared with USD 17.25 million during the same period last year. Sales rose to USD 18.89 million from USD 2.83 million.
The company's net loss for the six-month period stood at USD 2.01 million, compared with USD 2.71 million a year earlier. Basic loss per share from continuing operations was USD 0.49, compared with USD 1.60 in the previous-year period.
Regional Health Properties is a self-managed healthcare real estate company with operations across real estate, healthcare services and pharmacy services. Its real estate business includes investments in skilled nursing and senior housing facilities, while its healthcare operations include the management of healthcare facilities.
The company expanded its healthcare platform through its merger with SunLink Health Systems in 2025. The transaction broadened its operations across healthcare real estate and related services.
The second-quarter results show an increase in revenue compared with the previous year, while losses continued to narrow on a year-on-year basis. The company had reported full-year 2025 revenue of USD 53.2 million and net income of USD 3.4 million.
Source Reuters
Advertisement
Facebook
Whatsapp
