secwatch.observer — SEC 8-K summary
======================================

Issuer:     SELECT MEDICAL HOLDINGS CORP (SEM)
CIK:        0001320414
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001104659-22-114448
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Medical Q3 net income drops 62% to $38.1M; EPS $0.21 vs $0.57
--------------------------------------------------------------------

- Revenue $1,567.8M (+2.2% YoY); net income $38.1M vs $100.2M; EPS $0.21 vs $0.57.
- Adjusted EBITDA fell to $153.1M from $208.6M; operating income $91.5M vs $150.3M.
- Critical illness recovery hospital segment Adjusted EBITDA plunged to $11.0M from $57.2M; margin 2.1% vs 10.8%.
- Board declared $0.125 per share dividend, payable Nov 29 to holders of record Nov 16.
- Reaffirmed FY2022 revenue outlook of $6.25-6.40B; labor climate delays EBITDA and EPS guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320414/000110465922114448/0001104659-22-114448-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320414/000110465922114448/tm2229569d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-114448

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