---
schema_version: "secwatch.filing_event.v1"
accession: "0000070318-23-000054"
form_type: "8-K"
ticker: "THC"
cik: "0000070318"
company_name: "TENET HEALTHCARE CORP"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:18:59.048181+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tenet Q3 adj EPS $1.44; raises FY 2023 EBITDA outlook to $3.365-3.465B

## Summary
- Net income $101M ($0.94 GAAP); adjusted diluted EPS $1.44 vs $1.42 YoY.
- Revenue $5,066M (+5.5% YoY); consolidated Adj. EBITDA $854M (+$13M YoY).
- Ambulatory Care Adj. EBITDA $370M (+16.0% YoY); same-facility surgical cases +4.1%.
- FY 2023 Adj. EBITDA outlook raised to $3.365-3.465B; free cash flow $327M in Q3.
- Repurchased 1.5M shares for $90M in nine months; net debt/EBITDA 4.08x.

## SEC filing metadata
- accession: 0000070318-23-000054
- form_type: 8-K
- ticker: THC
- cik: 0000070318
- company_name: TENET HEALTHCARE CORP
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70318/000007031823000054/0000070318-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70318/000007031823000054/thc-20231030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070318-23-000054
- JSON: https://secwatch.observer/filing/0000070318-23-000054.json
- Plain text: https://secwatch.observer/filing/0000070318-23-000054.txt

## Key facts
- Earnings Releases
  TENET HEALTHCARE CORP reported quarter ended September 30, 2023 results: revenue $5,066, net income $101 million, EPS $0.94. Guidance raised.
  - Period: quarter ended September 30, 2023
  - Revenue: $5,066
  - Net income: $101 million
  - EPS: $0.94
  - Guidance: raised
  - Result: reported results
  source text: 2022 are as follows: Three Months Ended September 30, Nine Months Ended September 30, ($ in millions, except per share results) 2023 2022 2023 2022 Net operating revenues $5,066 $4,801 $15,169 $14,184 Net income available to Tenet common shareholders from continuing operations $101 $131 $367 $308 Net income available to Tenet common shareholders from
  evidence_url: https://www.sec.gov/Archives/edgar/data/70318/000007031823000054/0000070318-23-000054-index.htm

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