earnings
confidence high
sentiment positive
materiality 0.75
Surgery Partners Q4 revenue +4% to $735.4M; FY Adjusted EBITDA $438.1M; guides 2024 revenue >$3B
Surgery Partners, Inc.
2023-FY EPS reported
-$0.09
revenue$2,743,300,000
- Q4 revenue $735.4M (+4.0% YoY); full-year revenue $2.74B (+8.0% YoY).
- Q4 Adjusted EBITDA $142.3M (+17.8% YoY); FY Adjusted EBITDA $438.1M (+15.2% YoY).
- Days adjusted same-facility revenue +8.1% Q4, +11.3% full year vs 2022.
- Net loss attributable to common: $1.0M Q4, $11.9M full year 2023.
- 2024 guidance: revenue >$3.0B, Adjusted EBITDA >$495M; liquidity ~$900M.