secwatch.observer — SEC 8-K summary
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Issuer:     Brookdale Senior Living Inc. (BKD)
CIK:        0001332349
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001332349-23-000101
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brookdale Q3 revenue up 10.3% to $717.1M; net loss widens to $48.8M, adjusted EBITDA falls 24.9%
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- Resident fee revenue $717.1M, up 10.3% YoY; net loss of $48.8M vs $28.4M loss a year ago.
- Adjusted EBITDA $80.2M, down 24.9% YoY; other operating income fell to $2.6M from $66.8M.
- Weighted average occupancy 77.6%, up 110 bps sequentially and 120 bps YoY; RevPAR $4,596 (+10.7% YoY).
- CEO Cindy Baier cites strong execution on strategic priorities and seven consecutive months of occupancy growth.
- Leadership retention and associate turnover improved meaningfully during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1332349/000133234923000101/0001332349-23-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1332349/000133234923000101/bkd-20231106.htm
  HTML page:      https://secwatch.observer/filing/0001332349-23-000101

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