Symbion Reports Net Loss Increase in 1Q

Ambulatory surgery center operator Symbion saw its year-over-year loss widen in the first quarter of 2012, according to a Nashville Post report.

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The company’s quarterly report shows its net loss fell to $4.9 million, more than double the $2.4 million loss from the same quarter last year. Revenue jumped to $121 million from $106 million, while operating margins fell to 17.3 percent from 18.1 percent.

Interest expenses rose by more than $2 million.

A full copy of the 10-Q can be found here.

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