earnings
confidence high
sentiment negative
materiality 0.85
Ardent Health Q3 net loss $23M; cuts 2025 adj. EBITDA guidance to $530-555M
Ardent Health, Inc.
2025-Q3 EPS reported
$0.64
revenue$4,719,260,000
- Revenue $1.58B (+8.8% YoY); net loss attributable of $23M vs net income $26M in Q3 2024.
- Adjusted EBITDA $143M (+46.3% YoY); excludes $43M revenue cut from accounting estimate change.
- Professional liability reserves increased by $54M from adverse New Mexico claims (single provider, 2019-2022).
- 2025 adj. EBITDA guidance revised down to $530-555M (prior $575-615M) on higher professional fees & payor denials.
- Workforce optimization, contract renegotiations launched to mitigate pressures; liquidity $904M, net leverage 1.0x.
item 2.02item 9.01