Business

Ventas' Q1 profit more than doubles

Ventas, a health care facility owner with offices in Louisville, announced first-quarter earnings this week.

Revenue was $230.9 million, up from $228.7 million.

Net income was $74.2 million, up from $31.2 million.

Earnings per share were 52 cents, up from 23 cents.

The company benefited from lower interest and depreciation expense.

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