---
schema_version: "secwatch.filing_event.v1"
accession: "0000070318-23-000040"
form_type: "8-K"
ticker: "THC"
cik: "0000070318"
company_name: "TENET HEALTHCARE CORP"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:29:20.040650+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Tenet Q2 net income $123M ($1.15/diluted); raises FY23 EBITDA view to $3.31-3.46B

## Summary
- Net income from continuing ops $123M ($1.15/diluted); adjusted EPS $1.44; revenue $5.08B, up from $4.64B YoY.
- Ambulatory Care Adj. EBITDA ex-grant $369M (+16.4% YoY); same-facility surgical cases +6.6%.
- Hospital segment Adj. EBITDA ex-grant $381M; same-hospital admissions +3.0%, non-COVID admissions +5%.
- FY2023 Adj. EBITDA guidance raised to $3.31-3.46B; FCF outlook $1.1-1.35B.
- Completed $1.35B 6.75% notes private placement; redeemed $1.345B 4.625% notes due 2024; no debt maturities until 2026.

## SEC filing metadata
- accession: 0000070318-23-000040
- form_type: 8-K
- ticker: THC
- cik: 0000070318
- company_name: TENET HEALTHCARE CORP
- filed_at: 2023-07-31T23:59:59+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/70318/000007031823000040/0000070318-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70318/000007031823000040/thc-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070318-23-000040
- JSON: https://secwatch.observer/filing/0000070318-23-000040.json
- Plain text: https://secwatch.observer/filing/0000070318-23-000040.txt

## Key facts
- Earnings Releases
  TENET HEALTHCARE CORP reported the quarter ended June 30, 2023 results: revenue $5,082, net income $123, EPS $1.15. Guidance raised.
  - Period: the quarter ended June 30, 2023
  - Revenue: $5,082
  - Net income: $123
  - EPS: $1.15
  - Guidance: raised
  - Result: reported results
  source text: Three Months Ended June 30, Six Months Ended June 30, ($ in millions, except per share results) 2023 2022 2023 2022 Net operating revenues $5,082 $4,638 $10,103 $9,383 Net income available to Tenet common shareholders from continuing operations $123 $38 $266 $177 Net income available to Tenet common shareholders from continuing operations per diluted share $1.15 $0.35 $2.47 $1.63 Adjusted EBITDA 1 excluding grant income $835 $749 $1,664 $1,631 Adjusted EBITDA 1 $843 $843 $1,675 $1,731 Adjusted diluted earnings per share from continuing operations 1 $1.44 $1.48 $2.87 $3.33
  evidence_url: https://www.sec.gov/Archives/edgar/data/70318/000007031823000040/0000070318-23-000040-index.htm

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