secwatch.observer — SEC 8-K summary
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Issuer:     Pennant Group, Inc. (PNTG)
CIK:        0001766400
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001766400-23-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pennant Group Q2 GAAP EPS $0.09, adj. EPS $0.18; revenue up 13.7% to $132.3M
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- Total revenue $132.3M (+13.7% YoY); GAAP net income $2.8M (+204.5%); adjusted net income $5.4M (+30.4%).
- Home Health & Hospice segment revenue $95.0M (+11.3%); admissions up 3.8%, hospice census up 9.1%.
- Senior Living segment revenue $37.3M (+20.3%); occupancy 78.0% (+150bps), monthly rev/occupied room $3,939 (+13.5%).
- Segment adjusted EBITDA from operations $10.1M (+32.3%); Senior Living segment EBITDA up 277.4% YoY.
- Cash from operations $15.5M in H1; net debt-to-adjusted EBITDA 1.57x, $85.3M available on revolver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766400/000176640023000094/0001766400-23-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766400/000176640023000094/pntg-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001766400-23-000094

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