earnings
confidence high
sentiment neutral
materiality 0.70
Nutex Health Q3 revenue $62.7M, up 121% YoY; Adj. EBITDA $1.3M; guides five new hospitals in 2024
Nutex Health Inc.
2023-Q3 EPS reported
-$0.02
revenue$177,976,843
- Net loss attributable to Nutex Health $(5.5)M; Q3 2022 loss $(412.2)M included $398M goodwill impairment.
- Adjusted EBITDA of $1.3M; net cash from operating activities of $2.0M in Q3 2023.
- Expects to open five new micro-hospitals in 2024; raised $4.4M from $15M private offering through Nov. 6, 2023.
- Appointed Josh DeTillio as COO on Sept 5, 2023; acquired two Florida IPAs with 4,400 managed care patients.
- Cash and cash equivalents of $26.8M as of Sept 30, 2023; total assets $479.6M.