earnings
confidence high
sentiment negative
materiality 0.70
Park Dental Q2 revenue $66.2M (+5.1%); EPS $0.22 vs $1.45; guides FY26 rev $256-260M
Park Dental Partners, Inc.
- Q2 revenue $66.2M (+5.1% YoY); same-practice growth 2.3% (vs 5.8%) on 185,569 visits, 90.3% retention.
- Net income $1.3M ($0.22 diluted EPS) vs $2.6M ($1.45) a year ago; adjusted EBITDA $7.4M vs $7.6M; adjusted EPS $0.66 vs $1.88.
- Signed definitive agreement to acquire Village Family DSO (Fayetteville, NC), adding 48 doctors and 4th state; close expected later 2026.
- FY26 outlook: revenue $256-260M (+5.5% at midpoint), adjusted EBITDA $21-23M, margin 8.2-8.8%; includes ~$2M public-company costs.
- Cash $24.4M, total debt ~$11.0M, undrawn $15M revolver; H1 operating cash flow $9.7M; one acquisition in Rochester, MN completed in Q2.