earnings
confidence high
sentiment negative
materiality 0.70
Park Dental Q1 net loss $0.4M vs profit $1.6M; revenue up 6% to $62.7M
Park Dental Partners, Inc.
- Net loss of $0.4M vs net income of $1.6M; GAAP diluted EPS ($0.09) vs $0.88.
- Revenue grew 6.2% to $62.7M; same-practice revenue growth 4.1%; affiliated doctors up 8.9% to 221.
- Adjusted EBITDA fell 13.2% to $4.7M (7.6% margin vs 9.3% prior year); adjusted diluted EPS $0.44 vs $1.14.
- FY2026 outlook maintained: revenue $254-258M (2025: $244.5M), adjusted EBITDA $21-23M (2025: $22.0M).
- Gross margin contracted 650 bps to 10.2%; cost of services up $7.1M due to share-based compensation.