secwatch.observer — SEC 8-K summary
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Issuer:     Ardent Health, Inc. (ARDT)
CIK:        0001756655
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001756655-25-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ardent Health Q2 revenue up 12% to $1.65B; Adj EBITDA +39% to $170M; reaffirms FY25 guidance
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- Net income $73M ($0.52 diluted EPS) vs $43M ($0.34) prior year; adjusted EBITDA $170M.
- Total revenue $1.645B (+11.9% YoY) driven by 1.6% adjusted admission growth and 10.2% revenue per adjusted admission.
- Admissions +6.6% YoY; inpatient surgeries +9.2% but outpatient surgeries -3.8%.
- Lease-adjusted net leverage ratio improved to 2.7x from 3.0x in Q1; available liquidity $835M.
- Reaffirms FY25 guidance: revenue $6.2-6.45B, Adj EBITDA $575-615M, diluted EPS $1.73-2.01.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756655/000175665525000013/0001756655-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756655/000175665525000013/ardt-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001756655-25-000013

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