earnings
confidence high
sentiment positive
materiality 0.75
Surgery Partners Q3 revenue up 12.7% to $559.2M; raises FY EBITDA guidance to $325-330M
Surgery Partners, Inc.
2021-Q3 EPS reported
-$1.19
revenue$1,614,900,000
- Revenue $559.2M (+12.7% YoY); net loss $22.9M; adjusted EBITDA $76.4M (+25% YoY).
- Same-facility revenue +8.3%, case volume +6.2% vs prior year quarter.
- FY 2021 adjusted EBITDA guidance raised to $325M-$330M.
- Deployed over $130M on acquisitions YTD; 3 ASCs bought in Aug; $225M under LOI.
- Cash $330.4M; revolver capacity $163M; net debt/EBITDA ratio 6.25x.