Welcome to our dedicated page for Brookdale Senior Living news (Ticker: $BKD), a resource for investors and traders seeking the latest updates and insights on Brookdale Senior Living stock.
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Brookdale Senior Living Inc. (NYSE: BKD) announced first quarter 2024 results, with a 6.7% increase in RevPAR, 160 basis point rise in occupancy, and a 34% improvement in net income. Adjusted EBITDA grew by 10% year-over-year. The company was recognized for its innovative programs and listed on U.S. News & World Report. Despite positive results, there was a net loss of $29.6 million. Liquidity increased to $355.1 million. The company obtained $50.0 million in debt in February 2024.
Brookdale Senior Living Inc. announced that the Company's management will participate in two investor conferences in May 2024: the RBC Capital Markets Global Healthcare Conference on May 14 and the Bank of America Securities Healthcare Conference on May 16. The Company's fireside chats will be live webcasted on its website and available for replay until June 14. Brookdale is a leading operator of senior living communities in 41 states, with 652 communities serving approximately 59,000 residents. The stock trades on the NYSE under the ticker symbol BKD.