---
schema_version: "secwatch.filing_event.v1"
accession: "0000885978-24-000062"
form_type: "8-K"
ticker: "USPH"
cik: "0000885978"
company_name: "U S PHYSICAL THERAPY INC /NV"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:59:42.842313+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# USPH Q3: Adjusted EPS $0.55, record visits, IIP revenue up 30%, two acquisitions

## Summary
- Q3 GAAP EPS $0.39 (net income $6.6M); adjusted EPS $0.55 excluding $2.5M (net) clinic closure costs.
- Record quarterly patient visits: 1,317,051 (+6% YoY); net rate per visit $105.65 (+3.2%).
- Adjusted EBITDA $21.1M (up from $18.6M); IIP revenue $25.3M (+29.9%).
- Acquired 70% of 8-clinic practice (Aug 31) and 50% of MSO managing 50 clinics (Oct 31) with $64M annual revenue.
- Dividend declared $0.44/share, payable Dec 6, record Nov 15.

## SEC filing metadata
- accession: 0000885978-24-000062
- form_type: 8-K
- ticker: USPH
- cik: 0000885978
- company_name: U S PHYSICAL THERAPY INC /NV
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885978/000088597824000062/0000885978-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885978/000088597824000062/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885978-24-000062
- JSON: https://secwatch.observer/filing/0000885978-24-000062.json
- Plain text: https://secwatch.observer/filing/0000885978-24-000062.txt

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