earnings
confidence high
sentiment positive
materiality 0.75
Acadia Healthcare Q1 revenue up 9.1% to $768.1M, adjusted EBITDA up 14.9%, affirms FY2024 guidance
Acadia Healthcare Company, Inc.
2024-Q1 EPS reported
$0.83
revenue$768,051,000
- Revenue $768.1M (+9.1% YoY); same-facility revenue +9.2%; net income $76.4M ($0.83 diluted EPS).
- Adjusted EBITDA $173.9M (+14.9%); adjusted EBITDA margin 22.6% (+110 bps YoY); adjusted EPS $0.84.
- Affirmed full-year 2024 guidance; added 27 beds, opened one de novo facility, acquired one specialty provider and three CTCs.
- Opened 100-bed acute care hospital in Mesa, AZ in April 2024.