secwatch.observer — SEC 8-K summary
======================================

Issuer:     Pennant Group, Inc. (PNTG)
CIK:        0001766400
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001766400-24-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pennant Group Q1 2024: revenue $156.9M (+24%), adj EPS $0.20, net income up 165%
--------------------------------------------------------------------------------

- GAAP EPS $0.16, adjusted EPS $0.20; adjusted net income $6.0M up 55% YoY.
- Total revenue $156.9M (+24.1% YoY); net income $4.9M (+165.2% YoY).
- Home Health & Hospice segment revenue $116.5M (+27.9%); adj EBITDA $17.9M (+35.7%).
- Senior Living revenue $40.4M (+14.2%); avg occupancy 78.5% (+40 bps); rev/occ room $4,667 (+8.5%).
- Home health admissions +34.3%; hospice avg daily census +21.4% vs prior year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766400/000176640024000055/0001766400-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766400/000176640024000055/pntg-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001766400-24-000055

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