Community Health Systems Q1 net loss narrows to $0.32/diluted share; adjusted EBITDA up 12.8% to $378M

COMMUNITY HEALTH SYSTEMS INC

2024-Q1 EPS reported -$0.32 revenue$3,140,000,000

Net operating revenues $3.140B, up 1.0% YoY; same-store revenue up 5.7%.
Net loss attributable to stockholders $(41)M ($0.32/diluted share) vs $(51)M ($0.40) in Q1 2023.
Adjusted net loss per diluted share $(0.14) vs $(0.43); adjusted EBITDA $378M vs $335M.
Operating cash flow $96M vs $5M in prior-year quarter; same-store admissions +3.8%, adjusted admissions +1.9%.
No hospital divestitures completed in 2024 through April 24.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COMMUNITY HEALTH SYSTEMS INC reported the three months ended March 31, 2024 results: revenue $3.140 billion, net income $(41) million, EPS $(0.32) per share (diluted).

Period: the three months ended March 31, 2024
Revenue: $3.140 billion
Net income: $(41) million
EPS: $(0.32) per share (diluted)
Result: reported results

Exact text from the filing

available to us this year.” The following highlights the financial and operating results for the three months ended March 31, 2024. • Net operating revenues totaled $3.140 billion. • Net loss attributable to Community Health Systems, Inc. stockholders was $(41) million, or $(0.32) per share (diluted), compared to $(51) million, or $(0.40) per share

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Source: SEC EDGAR

accession 0000950170-24-047634

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