Nursing home and medical staffing company Sun Healthcare Group Inc. of Irvine reported a fourth-quarter profit from continuing operations that beat analysts’ expectations.
The Irvine-based health services company, which has nursing home, rehabilitation, hospice and medical staffing arms, posted a profit of $8.8 million, up 38% from a year earlier.
Wall Street expected Sun to make $8.2 million.
With charges, Sun made $6.5 million in the quarter.
Revenue was up 74% to $450.5 million. Analysts expected Sun to do $445.1 million in the quarter.
