DaVita Q1 2024 net income $240M, EPS $2.65; revenue $3.07B

DAVITA INC.

2024-Q1 EPS reported $2.65 revenue$3,070,555,000

Revenue $3.071B; operating income $484M; adjusted operating income $463M.
Diluted EPS $2.65 (up from $1.25 in Q1 2023); adjusted diluted EPS $2.38 (vs $1.58).
Operating cash flow $(135)M; free cash flow $(327)M due to working capital timing.
Repurchased 2.1M shares at average price $112.76 per share.
CEO cites continued operational discipline and investment in clinical excellence.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DAVITA INC. reported for the quarter ended March 31, 2024 results: revenue $3.071 billion, net income $240, EPS $2.65.

Period: for the quarter ended March 31, 2024
Revenue: $3.071 billion
Net income: $240
EPS: $2.65
Result: reported results

Exact text from the filing

deliver clinical excellence,” said Javier Rodriguez, CEO of DaVita Inc. Financial and operating highlights for the quarter ended March 31, 2024: • Consolidated revenues were $3.071 billion. • Operating income was $484 million and adjusted operating income was $463 million. • Diluted earnings per share was $2.65 and adjusted diluted earnings per share was $2.38. •

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Source: SEC EDGAR

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