secwatch.observer — SEC 8-K summary
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Issuer:     Concentra Group Holdings Parent, Inc. (CON)
CIK:        0002014596
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001104659-24-084962
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Concentra Q2 revenue up 2.3% to $477.9M; completed IPO on July 26
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2014596/000110465924084962/0001104659-24-084962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2014596/000110465924084962/tm248173d19_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-084962

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