Sonida Senior Living hits record low on FY loss vs year-ago profit

Sonida Senior Living

30/03/2023 18:29

** Sonida Senior Living Inc's shares  SNDA.O  hit record
low, last down 40.4% at $6.4 
    ** The senior housing community operator posts FY 2022 loss
of $54.31 mln vs profit of $126.2 mln last year
    ** Reports Q4 loss of $2.79/shr, wider than loss of
$2.39/shr last year
    ** Says as co depends on senior residents with fixed
incomes, the current inflationary environment could affect
future revenues and results of operations
    ** As of last close, stock fell 49.20% YTD 

 (Reporting By Akshita Toshniwal)
 ((Akshita.Toshniwal@thomsonreuters.com))