Community Health Systems reports narrower Q2 net loss and higher adjusted EBITDA

COMMUNITY HEALTH SYSTEMS INC

2024-Q2 EPS reported -$0.42 revenue$6,279,000,000

Net loss narrowed to $(13)M from $(38)M year-over-year; adjusted EBITDA rose to $387M from $373M
Same-store admissions grew 3.0% and adjusted admissions rose 3.2% vs Q2 2023
Completed $1.225B tack-on offering of 10.875% Senior Secured Notes due 2032
Used proceeds to redeem all $1.116B of 8.000% Senior Secured Notes due 2026 and repurchased other notes

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