earnings
confidence high
sentiment neutral
materiality 0.65
Pediatrix Q2 adjusted EPS $0.47 vs $0.41 YoY; revenue up 2.7%; FY22 EBITDA outlook reaffirmed
Pediatrix Medical Group, Inc.
2022-Q2 EPS reported
$0.07
revenue$968,262,000
- GAAP EPS $0.36 flat YoY; adjusted EPS $0.47 vs $0.41 on revenue of $486M (+2.7%).
- Same-unit revenue down 1.3%; volume up 0.6% offset by reimbursement decline of 1.9%.
- Adjusted EBITDA flat at $65.6M; FY22 outlook reaffirmed at $260-270M.
- Repurchased 3.3M shares for $64.4M in Q2; total debt $800M after refinancing.
- Interest expense fell to $8.4M from $16.9M due to Q1 refinancing.