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Akumin Inc (AKUu.TO)

AKUu.TO on Toronto Stock Exchange

3.66USD
25 Jun 2019
Change (% chg)

$-0.09 (-2.40%)
Prev Close
$3.75
Open
$3.70
Day's High
$3.70
Day's Low
$3.66
Volume
3,100
Avg. Vol
34,866
52-wk High
$4.34
52-wk Low
$2.70

Latest Key Developments (Source: Significant Developments)

Akumin To Acquire 27 Imaging Centers Operated Under Advanced Diagnostics Group
Monday, 15 Apr 2019 

April 15 (Reuters) - Akumin Inc ::AKUMIN TO ACQUIRE APPROXIMATELY US$30.3 MILLION OF EBITDA THROUGH EXPANSION IN FLORIDA AND GEORGIA.AKUMIN INC - TO ACQUIRE 27 IMAGING CENTERS OPERATED UNDER ADVANCED DIAGNOSTICS GROUP.AKUMIN INC - TOTAL PURCHASE PRICE FOR TARGETS IS APPROXIMATELY US$214 MILLION.AKUMIN INC - DEAL FOR US$4.00 PER SHARE.AKUMIN INC - HAS ENTERED INTO A BINDING COMMITMENT LETTER WITH BBVA COMPASS AND BBVA SECURITIES INC.AKUMIN INC - PURSUANT TO BINDING COMMITMENT LETTER, LENDERS WOULD PROVIDE AKUMIN CORP. WITH CREDIT FACILITIES TOTALING US$380 MILLION.AKUMIN - TERM LOAN PROCEEDS TO BE USED TO REFINANCE ABOUT $112 MILLION OF EXISTING DEBT, TO FINANCE $189 MILLION OF PURCHASE PRICE PAYABLE IN RESPECT OF DEAL.  Full Article

Akumin Inc. QTRLY EPS Diluted $0.04
Friday, 29 Mar 2019 

March 29 (Reuters) - Akumin Inc ::AKUMIN INC. ANNOUNCES FOURTH QUARTER AND FISCAL 2018 FINANCIAL RESULTS.AKUMIN INC QTRLY EPS DILUTED $0.04.AKUMIN INC QTRLY ADJUSTED EPS DILUTED $0.05.AKUMIN INC QTRLY REVENUE $45.5 MILLION VERSUS $35.2 MILLION.  Full Article

Akumin Inc Acquires Five Diagnostic Centers In Florida
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Akumin Inc ::AKUMIN INC. ACQUIRES FIVE DIAGNOSTIC CENTERS WITH US$19 MILLION REVENUES IN FLORIDA.AKUMIN INC - PURCHASE PRICE DUE AT CLOSING IN BOTH TRANSACTIONS WAS PAID USING PROCEEDS DRAWN FROM AKUMIN'S REVOLVING CREDIT FACILITY.  Full Article

Akumin Inc Q2 Earnings Per Share $0.02
Monday, 13 Aug 2018 

Aug 13 (Reuters) - Akumin Inc ::QTRLY REVENUE $36.8 MILLION VERSUS $17.2 MILLION.ANNOUNCES SECOND QUARTER FISCAL 2018 FINANCIAL RESULTS.QTRLY EARNINGS PER SHARE $0.02.Q2 EARNINGS PER SHARE VIEW $0.05, REVENUE VIEW $36.3 MILLION -- THOMSON REUTERS I/B/E/S.AKUMIN - IN Q2, CO'S VOLUME WAS ABOUT 756,000 RVUS, COMPARED TO 666,000 RVUS IN Q1 FISCAL 2018.  Full Article

Akumin Inc Announces $35 Million Bought Deal
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Akumin Inc ::ANNOUNCES US$35 MILLION BOUGHT DEAL.UNDERWRITERS AGREED TO BUY 8.8 MILLION COMMON SHARES OF COMPANY AT A PRICE OF US$4.00 PER COMMON SHARE.INTENDS TO USE PROCEEDS PARTLY TO FINANCE CASH CONSIDERATION PORTION OF PREVIOUSLY DISCLOSED ACQUISITION.ALSO INTENDS TO USE NET PROCEEDS FROM OFFERING TO SUPPORT CO'S GROWTH INITIATIVES, ACQUISITIONS IT PURSUES FROM TIME TO TIME.  Full Article

Akumin Secures Rights For Potential Acquisition Of Four Centers
Thursday, 5 Apr 2018 

April 5 (Reuters) - Akumin Inc ::SECURES RIGHTS FOR POTENTIAL ACQUISITION OF FOUR CENTERS WITH US$12 MILLION IN REVENUES.UNDER MANAGEMENT AGREEMENT, AKUMIN HAS RIGHT TO IMMEDIATELY ASSUME MANAGERIAL AND OPERATIONAL CONTROL OF POTENTIAL ACQUISITION.  Full Article