secwatch.observer — SEC 8-K summary
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Issuer:     SONIDA SENIOR LIVING, INC. (SNDA)
CIK:        0001043000
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001628280-24-013167
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonida Senior Living Q4 adj. EBITDA up 103% YoY to $9.3M; completes $47.8M equity raise
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- Q4 2023 net loss $14.6M vs $16.6M loss in Q4 2022; revenue up 11.2% to $59.3M.
- Adjusted EBITDA $9.3M (+103.5% YoY); Community NOI margin expanded to 27.4% from 19.3%.
- Weighted average occupancy improved 200 bps to 85.9% vs Q4 2022.
- Completed $47.8M private placement in Feb 2024, resolving going concern uncertainty.
- FY 2023 net cash from operations $10.7M vs -$2.6M in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043000/000162828024013167/0001628280-24-013167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043000/000162828024013167/snda-20240326.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-013167

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