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

Issuer:     Enhabit, Inc. (EHAB)
CIK:        0001803737
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001803737-23-000145
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enhabit Q2 net loss $74.1M; cuts FY23 guidance; plans strategic alternatives process
--------------------------------------------------------------------------------

- Q2 net loss $74.1M ($1.49 diluted loss per share); adjusted EPS $0.04, down 91.5% YoY.
- Revenue $262.3M, down 2.1% YoY; adjusted EBITDA $23.9M, down 40.7% YoY.
- Full-year 2023 guidance slashed: revenue $1,057-$1,065M (from $1,110-$1,140M), adjusted EBITDA $100-$107M.
- Announced intent to launch strategic alternatives process, including potential sale, subject to Tax Matters Agreement conditions with Encompass Health.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803737/000180373723000145/0001803737-23-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803737/000180373723000145/ehab-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001803737-23-000145

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