earnings
confidence high
sentiment positive
materiality 0.65
Sonida Senior Living Q3 net loss $14.9M, adjusted EBITDA up 41% YoY, occupancy rises to 83.7%
SONIDA SENIOR LIVING, INC.
2022-Q3 EPS reported
-$6.49
revenue$178,908,000
- Net loss attributable to common stocks $14.9M; net loss margin (24.5)% vs 63.0% (prior year incl $54.1M gain on debt extinguish)
- Adjusted EBITDA $4.4M, up 41% YoY & 5% seq; resident revenue $52.5M, up 7.2% YoY.
- Same-store occupancy 83.7%, up 230 bps YoY; RevPAR +6.3% YoY; RevPOR $3,682 +2.9%.
- Community NOI margin 19.6%, down 140 bps YoY from labor costs; mgmt cites 6 straight seq occupancy gains.