secwatch.observer — SEC 8-K summary
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Issuer:     Brookdale Senior Living Inc. (BKD)
CIK:        0001332349
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001332349-24-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brookdale Q4 Adj. EBITDA up 83% to $85.3M; occupancy 78.4% (+130 bps YoY)
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- Full-year same community occupancy +190 bps; RevPAR +11.4% and RevPOR +8.6% YoY.
- Q4 resident fee revenue $716.6M (+8.9% YoY); net loss $(91.2)M vs. $(25.7)M in Q4 2022.
- FY 2023 adjusted EBITDA $309.6M; cash from operations increased $160M YoY.
- Same community operating income grew 25.9% YoY; adjusted (ex-grants) +43.4%.
- CEO cites strong execution in 2023 laying foundation for continued recovery in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1332349/000133234924000007/0001332349-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1332349/000133234924000007/bkd-20240220.htm
  HTML page:      https://secwatch.observer/filing/0001332349-24-000007

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