earnings
confidence high
sentiment neutral
materiality 0.70
Nutex Health reports Q4 net loss of $31.6M on $69.7M revenue; FY 2023 revenue up 13%
Nutex Health Inc.
- Q4 revenue $69.7M (+30% YoY); net loss $31.6M including $29.1M non-cash asset impairment.
- FY 2023 revenue $247.6M (+13% YoY); net loss $45.8M vs $424.8M in 2022.
- Adjusted EBITDA Q4 $3.1M (vs -$5.9M); FY $10.8M (vs $12.6M).
- Hospital division operating income $36.3M (+142%); net cash from operating activities $1.3M.
- Management initiated 2024 strategic plan for cost reduction and portfolio optimization.