earnings
confidence high
sentiment positive
materiality 0.70
Concentra Q2 revenue up 2.3% to $477.9M; completed IPO on July 26
Concentra Group Holdings Parent, Inc.
2024-Q2 EPS reported
$0.97
revenue$945,513,000
- Net income $53.1M (-1.8% YoY); EPS $0.50 (-2.0% YoY); Adjusted EPS $0.49.
- Adjusted EBITDA $101.6M (+1.2% YoY); margin 21.3% vs 21.5% YoY.
- Revenue per visit $139.81 (+3.9% YoY); patient visits down 1.6% to 3.214M.
- IPO of 22.5M shares at $23.50 for $528.8M gross; stock trades NYSE under CON.
- New debt: $650M 6.875% Senior Notes due 2032; $850M Term Loan; $400M revolver.