secwatch.observer — SEC 8-K summary
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Issuer:     TENET HEALTHCARE CORP (THC)
CIK:        0000070318
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0000070318-23-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70318/000007031823000015/0000070318-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70318/000007031823000015/thc-20230425.htm
  HTML page:      https://secwatch.observer/filing/0000070318-23-000015

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