secwatch.observer — SEC 8-K summary
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Issuer:     SELECT MEDICAL HOLDINGS CORP (SEM)
CIK:        0001320414
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001104659-24-056432
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Medical reports Q1 2024 revenue $1.79B (+7.4%), adj EPS $0.77 (+37.5%); declares $0.125 dividend; updates outlook
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- Revenue $1,788.8M (+7.4% YoY); net income $117.2M (+37.4%); GAAP EPS $0.75 (+33.9%).
- Adjusted EPS $0.77 (+37.5% YoY); Adjusted EBITDA $261.9M (+22.4% YoY).
- Critical illness recovery hospital segment adjusted EBITDA $115.9M (+51.0%); margin improved to 17.7%.
- Reaffirms 2024 revenue outlook $6.9-7.1B; adjusts EBITDA outlook to $845-885M; adj EPS outlook $1.96-2.20.
- Declares cash dividend $0.125 per share, payable May 30, 2024 to holders of record May 16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320414/000110465924056432/0001104659-24-056432-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320414/000110465924056432/tm2413286d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-056432

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