secwatch.observer — SEC 8-K summary
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Issuer:     TENET HEALTHCARE CORP (THC)
CIK:        0000070318
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0000070318-23-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70318/000007031823000054/0000070318-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70318/000007031823000054/thc-20231030.htm
  HTML page:      https://secwatch.observer/filing/0000070318-23-000054

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