Financial News

CCA’s Q2 Turnaround

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By: TOM BRANNA

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Core Care America (CCA) posted a rise in results for the second quarter and six months ended May 31. In Q2, total net income increased to $423,677 from a loss of more than $1.5 million. Six-month sales were $10.5 million with net income of $639,987.


Chief executive officer Lance Funston commented, “We are pleased to announce that we have had two profitable quarters in a row in fiscal 2016, demonstrating the progress the company has made in its restructuring efforts, and is the first time that the company has had two profitable quarters in a row since fiscal 2012.”

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