secwatch / observer
8-K filed August 1, 2023, 7:59 PM ET ticker SGRY CIK 0001638833
earnings confidence high sentiment positive materiality 0.80

Surgery Partners Q2 revenue $667.6M (+8.5% YoY), EBITDA beat; FY guidance raised

Surgery Partners, Inc.

2023-Q2 EPS reported -$0.05 revenue$1,333,800,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

Surgery Partners, Inc. reported for fiscal year 2023 results: revenue greater than $2.75 billion. Guidance raised.

Period
for fiscal year 2023
Revenue
greater than $2.75 billion
Guidance
raised
Result
guidance update
Exact text from the filing
Full year Adjusted EBITDA guidance raised to greater than $435 million, revenue reaffirmed at greater than $2.75 billion, inclusive of the cyber event, and free cash flow reaffirmed at greater than $140 million.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.99

Surgery Partners, Inc. reported for the second quarter ended June 30, 2023 results: revenue Revenues were $667.6 million, net income Net income attributable to Surgery Partners was $18.9 million.

Period
for the second quarter ended June 30, 2023
Revenue
Revenues were $667.6 million
Net income
Net income attributable to Surgery Partners was $18.9 million
Result
reported results
Exact text from the filing
Surgery Partners, Inc. (NASDAQ:SGRY) ("Surgery Partners" or the "Company"), a leading provider of surgical services, today announced financial results for the second quarter ended June 30, 2023. • Revenues were $667.6 million representing 8.5% growth and are inclusive of an $8 million cyber event headwind • Same-facility revenues increased 8.3% on an unadjusted basis and approximately 10% adjusting for the cyber event • Non-consolidated minority interest revenue increased by over 30% • Net income attributable to Surgery Partners was $18.9 million • Adjusted EBITDA was $100.2 million, representing 16.4% growth • Adjusted EBITDA margin improved by over 100 basis points year-over-year to 15.0% • Combined, consolidated and unconsolidated surgical case volume grew 5%
View on SEC.gov

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Surgery Partners, Inc. filing history →

Source: SEC EDGAR
accession 0001638833-23-000080
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