{"schema_version":"secwatch.filing_event.v1","accession":"0001803737-23-000158","form_type":"8-K","ticker":"EHAB","cik":"0001803737","company_name":"Enhabit, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.534284+00:00","generated_at":"2026-06-08T16:54:38.197793+00:00","sec_items":["1.01","2.02","2.03","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Enhabit Q3 net loss $2.4M; cuts 2023 guidance; amends credit covenant to 6.75x","bullets":["Q3 net service revenue $258.3M (down 2.8% YoY); adjusted EBITDA $23.2M (down 26.8%); adjusted EPS $0.03 vs $0.19.","FY2023 guidance revised: revenue $1,044-1,048M (from $1,057-1,065M), adj. EBITDA $93-98M (from $100-107M).","Credit amendment raises max leverage to 6.75x through Q1 2024; revolver cut from $350M to $220M.","Home health total admissions up 1.6% YoY; non-episodic admissions +33.5%; cost per visit +1.1%.","Hospice revenue down 4% YoY; cost per day up 8.5%; hospice cost per day stabilized QoQ."],"urls":{"canonical":"https://secwatch.observer/filing/0001803737-23-000158","json":"https://secwatch.observer/filing/0001803737-23-000158.json","markdown":"https://secwatch.observer/filing/0001803737-23-000158.md","text":"https://secwatch.observer/filing/0001803737-23-000158.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1803737/000180373723000158/0001803737-23-000158-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1803737/000180373723000158/ehab-20231103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T16:54:38.197793+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"02e68a34c2069b12e7c805f6098e754bfe64592a","claim":"Enhabit, Inc. amended revolving credit of from $350 million to $220 million with Wells Fargo Bank, National Association at increase of 0.25% in the applicable interest rate margins.","evidence_excerpt":"Ratio (as defined in the Credit Agreement) covenant until the end of the Covenant Adjustment Period; (iv) a permanent reduction in the revolving credit facility commitment from $350 million to $220 million; (v) an increase in the Applicable Commitment Fee (as defined in the Credit Agreement) during the Covenant Adjustment Period; (vi) suspension of the ability of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803737/000180373723000158/0001803737-23-000158-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"from $350 million to $220 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"increase of 0.25% in the applicable interest rate margins"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"f380b70c94ca53decf9729cb3b55da9f161071eb","claim":"Enhabit, Inc. reported the third quarter ended September 30, 2023 results: revenue Net service revenue of $258.3 million, net income Net loss attributable to Enhabit, Inc. of $2.4 million, EPS Loss per share of $0.05. Guidance lowered.","evidence_excerpt":"of quality results within the industry and are willing to pay for access to high-quality providers like Enhabit.” QUARTERLY PERFORMANCE - CONSOLIDATED • Net service revenue of $258.3 million • Net loss attributable to Enhabit, Inc. of $2.4 million • Adjusted EBITDA of $23.2 million • Loss per share of $0.05 • Adjusted earnings per share of $0.03 RECENT COMPANY","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803737/000180373723000158/0001803737-23-000158-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"Net service revenue of $258.3 million"},{"label":"Net income","value":"Net loss attributable to Enhabit, Inc. of $2.4 million"},{"label":"EPS","value":"Loss per share of $0.05"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8c9167d2e9f72d3100e429d5c5bd1704e668e68d","claim":"Enhabit, Inc. amended Second Amendment with Wells Fargo Bank, National Association, as administrative agent, collateral agent, and swingline lender, and other lenders party thereto (effective 2023-11-03).","evidence_excerpt":"On November 3, 2023, Enhabit Inc. (the “Company”) entered into a Second Amendment (the “Second Amendment”) to the Credit Agreement, dated as of June 1, 2022, among the Company, Wells Fargo Bank, National Association, as administrative agent, collateral agent, and swingline lender, and other lenders party thereto, as previously amended by the First Amendment to Credit Agreement (the “First Amendment”) dated as of June 27, 2023 (such credit agreement, as amended to date, the “Credit Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803737/000180373723000158/0001803737-23-000158-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as administrative agent, collateral agent, and swingline lender, and other lenders party thereto"},{"label":"Effective","value":"2023-11-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}