---
schema_version: "secwatch.filing_event.v1"
accession: "0000070318-23-000015"
form_type: "8-K"
ticker: "THC"
cik: "0000070318"
company_name: "TENET HEALTHCARE CORP"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T17:20:28.875621+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Tenet Q1 adj EPS $1.42 rev $5.02B; raises FY23 EBITDA outlook to $3.21-3.41B

## Summary
- Q1 net income from continuing ops $143M ($1.32 dil EPS); adj diluted EPS $1.42 vs $1.90 YoY.
- Consolidated Adj EBITDA $832M incl $3M grants; ex-grants $829M vs $882M prior.
- Ambulatory segment revs +22.6% to $905M; Adj EBITDA ex-grants +21.4% to $340M.
- Hospital segment Adj EBITDA ex-grants $402M vs $510M; included $27M cyber insurance proceeds.
- FY2023 Adj EBITDA outlook raised to $3.21-3.41B; Q2 outlook Adj EBITDA $765-815M.

## SEC filing metadata
- accession: 0000070318-23-000015
- form_type: 8-K
- ticker: THC
- cik: 0000070318
- company_name: TENET HEALTHCARE CORP
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70318/000007031823000015/0000070318-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70318/000007031823000015/thc-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070318-23-000015
- JSON: https://secwatch.observer/filing/0000070318-23-000015.json
- Plain text: https://secwatch.observer/filing/0000070318-23-000015.txt

## Key facts
- Earnings Releases
  TENET HEALTHCARE CORP reported the quarter ended March 31, 2023 results: revenue $5,021, net income $143 million, EPS $1.32 per diluted share. Guidance raised.
  - Period: the quarter ended March 31, 2023
  - Revenue: $5,021
  - Net income: $143 million
  - EPS: $1.32 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: results for first quarter 2023 versus first quarter 2022 are as follows: Three Months Ended March 31, ($ in millions, except per share results) 2023 2022 Net operating revenues $5,021 $4,745 Net income available to Tenet common shareholders from continuing operations $143 $139 Net income available to Tenet common shareholders from continuing operations per
  evidence_url: https://www.sec.gov/Archives/edgar/data/70318/000007031823000015/0000070318-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.