---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-022391"
form_type: "8-K"
ticker: "SNDA"
cik: "0001043000"
company_name: "SONIDA SENIOR LIVING, INC."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:15:01.124311+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sonida Q1 net income $27M; occupancy rises to 85.9%, RevPAR +8.3% YoY

## Summary
- Net income $27.0M includes $38.1M gain on debt extinguishment; adjusted EBITDA $9.5M (+21.5% YoY).
- Resident revenue $60.7M (+7.3% YoY); weighted avg occupancy 85.9% (+200 bps YoY).
- RevPAR $3,557 (+8.3% YoY); Community NOI $14.9M (+$1.5M YoY), margin 24.6%.
- Private placement of 5.03M shares at $9.50 grossed $47.8M; ATM program raised $10.3M in April.
- Bought $74.4M Protective Life loan principal for $40.2M, reducing notes payable by $49.6M.

## SEC filing metadata
- accession: 0001628280-24-022391
- form_type: 8-K
- ticker: SNDA
- cik: 0001043000
- company_name: SONIDA SENIOR LIVING, INC.
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043000/000162828024022391/0001628280-24-022391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043000/000162828024022391/snda-20240510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-022391
- JSON: https://secwatch.observer/filing/0001628280-24-022391.json
- Plain text: https://secwatch.observer/filing/0001628280-24-022391.txt

## Key facts
- Earnings Releases
  SONIDA SENIOR LIVING, INC. reported financial results for first quarter ended March 31, 2024.
  - Period: first quarter ended March 31, 2024
  - Result: reported results
  source text: On May 10, 2024, Sonida Senior Living, Inc. (the “Company”) announced its financial results for the first quarter ended March 31, 2024 by issuing a press release. The full text of the press release issued in connection with the announcement is attached hereto as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043000/000162828024022391/0001628280-24-022391-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.