---
schema_version: "secwatch.filing_event.v1"
accession: "0001766400-23-000060"
form_type: "8-K"
ticker: "PNTG"
cik: "0001766400"
company_name: "Pennant Group, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:36:48.900712+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pennant Group Q1 GAAP EPS $0.06, adjusted $0.13; revenue $126.5M (+11% YoY)

## Summary
- GAAP diluted EPS $0.06; adjusted diluted EPS $0.13; net income $1.9M (+82.4% YoY).
- Total revenue $126.5M, up 11.0% YoY; Home Health & Hospice revenue $91.1M (+13.2%).
- Senior Living revenue $35.4M (+5.8%); occupancy 78.1% (+550 bps YoY).
- Adjusted EBITDA $7.9M (+28.8% YoY); generated $9.0M cash from operations.
- Net debt-to-adjusted EBITDA ratio 1.62x; lease-adjusted 5.07x.

## SEC filing metadata
- accession: 0001766400-23-000060
- form_type: 8-K
- ticker: PNTG
- cik: 0001766400
- company_name: Pennant Group, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1766400/000176640023000060/0001766400-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1766400/000176640023000060/pntg-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001766400-23-000060
- JSON: https://secwatch.observer/filing/0001766400-23-000060.json
- Plain text: https://secwatch.observer/filing/0001766400-23-000060.txt

## Key facts
- Earnings Releases
  Pennant Group, Inc. reported the first quarter of 2023 (three months ended March 31, 2023) results: revenue $126.5 million, net income $1.9 million, EPS $0.06.
  - Period: the first quarter of 2023 (three months ended March 31, 2023)
  - Revenue: $126.5 million
  - Net income: $1.9 million
  - EPS: $0.06
  - Result: reported results
  source text: ended March 31, 2023. Pennant also reported adjusted diluted earnings per share of $0.13 for the quarter (1) . First Quarter Highlights ▪ Total revenue for the quarter was $126.5 million, an increase of $12.6 million or 11.0% over the prior year quarter; ▪ Net income for the first quarter was $1.9 million, an increase of $0.8 million or 82.4% over the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766400/000176640023000060/0001766400-23-000060-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.