Stonemor reports qtrly net loss per common share $1.23

Stonemor inc. reports fourth quarter financial results; increases cash liquidity via $17 million equity capital commitment and adds significant cushion to debt covenants in response to covid-19.q4 revenue $66.4 million versus $83.4 million.qtrly net loss per common share $1.23.expect our pre-need sales business to be challenged due to covid-19 pandemic.as of dec 31, 2019, co had $56.8 million of cash, including $21.9 million of restricted cash, and $368.3 million of total debt.has closed on one property in california and has signed definitive purchase agreements for its remaining properties in state.california asset sales will yield $82.3 million in purchase price.
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