secwatch.observer — SEC 8-K summary
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Issuer:     Pennant Group, Inc. (PNTG)
CIK:        0001766400
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001766400-21-000152
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pennant Group Q3 GAAP EPS $0.04, adjusted $0.11; revenue $111.9M (+13.7% YoY)
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- GAAP diluted EPS $0.04, adjusted diluted EPS $0.11; net income $1.2M.
- Home Health & Hospice revenue $79.0M (+22.7% YoY); admissions +36.1% YoY.
- Senior living occupancy 73.7% (+100 bps QoQ) but delta variant delayed recovery.
- Cash $3.7M, $101.7M revolver; $14.6M Medicare advance recouped in Q3.
- Management cites COVID-19 and labor pressures as headwinds; expects stronger growth in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766400/000176640021000152/0001766400-21-000152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766400/000176640021000152/pntg-20211108.htm
  HTML page:      https://secwatch.observer/filing/0001766400-21-000152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer