secwatch.observer — SEC 8-K summary
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Issuer:     ATI Physical Therapy, Inc. (—)
CIK:        0001815849
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001815849-24-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATI Physical Therapy Q1 revenue $181.5M (+8.7% YoY); Q2 guidance $185-195M
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- Net revenue $181.5M, up 8.7% vs Q1 2023; net patient revenue $165.4M (+9.7%).
- Visits per Day 23,837 (+5.0%) driven by increased clinical FTE capacity.
- Clinician turnover rate improved to 16% as part of culture and retention efforts.
- Q2 2024 guidance: revenue $185-195M, Adjusted EBITDA $15-20M.
- Other revenue flat at $16.1M vs $16.2M in prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1815849/000181584924000035/0001815849-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1815849/000181584924000035/ati-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001815849-24-000035

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