Hooper Holmes Announces Third Quarter 2017 Financial Results
OLATHE, Kan., November 9, 2017 -- Hooper Holmes, Inc. (OTCQX: HPHW) today announced third quarter 2017 financial results.
"Third quarter revenue represents a 44 percent improvement compared to the third quarter of 2016, reflecting the benefits of our merger with Provant Health Solutions. Year-to-date we have implemented over $7 million in annualized synergy savings from the merger. During the third quarter our year-to-date, annualized new sales increased to $14 million on a run-rate basis, reflecting continued demand for our services," commented Henry Dubois, Chief Executive Officer of Hooper Holmes.