Birner reports decreased Q1 earnings

Birner Dental Management Services reported a decrease in revenues and earnings for the first quarter of 2016.

For the quarter (end-March 31), the company reported revenues of $16.4 million, down 0.9% from the same quarter in 2015, according to the company. The company earnings before interest, taxes, depreciation, amortization, and stock-based compensation expense (adjusted EBITDA) were $1 million, down 16.3% from the same period last year.

The company currently manages 69 dental offices in Colorado, New Mexico, and Arizona.

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