secwatch.observer — SEC 8-K summary
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Issuer:     U S PHYSICAL THERAPY INC /NV (USPH)
CIK:        0000885978
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0000885978-23-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USPH Q2 net income $10.9M ($0.64 EPS); record patient volumes; reaffirms FY23 Adj. EBITDA guidance $75-80M
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- Net income $10.9M ($0.64 GAAP EPS) vs $11.2M ($0.87) in Q2 2022; Operating Results per share $0.76 vs $0.90.
- Total net revenue $151.5M (+7.7% YoY); PT operations revenue up 9.4% to $129.3M on record 30.4 visits/clinic/day.
- Reaffirmed FY23 Adjusted EBITDA guidance $75-80M; Q2 Adj. EBITDA $21.7M vs $21.3M.
- Board declared $0.43/share quarterly dividend payable Sept 8, record Aug 18.
- Completed secondary offering of ~1.9M shares for net proceeds $163.7M, used partly to repay debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885978/000088597823000029/0000885978-23-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885978/000088597823000029/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000885978-23-000029

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