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:   2025-02-27T23:59:59+00:00
Accession:  0000885978-25-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USPH Q4 revenue up 14.2% to $180.4M; adjusted EBITDA $21.8M; dividend raised to $0.45
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- Q4 net revenue $180.4M (PT $153.8M + IIP $26.6M), vs $154.8M prior year; full-year revenue $671.3M.
- Q4 adjusted EBITDA $21.8M (+14.7% YoY); full-year adjusted EBITDA $81.8M (+5.0% YoY).
- Q4 GAAP EPS $0.52 vs ($0.38); non-GAAP operating results $0.51/share vs $0.59.
- Dividend raised to $0.45/share from $0.44; payable Apr 11 to holders of record Mar 14.
- 2025 adjusted EBITDA guidance $88M-$93M; Medicare rate cut to reduce revenue ~$6.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885978/000088597825000002/0000885978-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885978/000088597825000002/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000885978-25-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer