May 1, 2017 / 8:44 PM / 5 months ago

Tenet Healthcare posts smaller quarterly loss

May 1 (Reuters) - Tenet Healthcare Corp reported a narrower loss on Monday, as the for-profit U.S. hospital operator took a smaller charge related to consolidation of facilities.

Net loss attributable to Tenet’s shareholders narrowed to $53 million, or 53 cents per share, in the first quarter ended March 31, from $59 million, or 60 cents per share, a year earlier.

Net operating revenue fell to $4.81 billion from $5.04 billion.

Reporting by Akankshita Mukhopadhyay and Ankur Banerjee in Bengaluru; Editing by Martina D'Couto

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