earnings
confidence high
sentiment positive
materiality 0.75
Concentra Group Holdings Parent, Inc. (CON): M&A transaction — Concentra Q4 revenue +5.5% to $465M, adjusted EBITDA +13.6%; closes $265M Nova acquisition; declares $0.0625 dividend
Concentra Group Holdings Parent, Inc.
- Q4 revenue $465.0M (+5.5% YoY); net income $22.8M ($0.17 EPS).
- FY2024 revenue $1,900.2M (+3.4% YoY); adjusted EBITDA $376.9M (+4.3% YoY).
- Closed acquisition of Nova Medical Centers for $265M; adds 67 centers across 5 states.
- 2025 guidance: revenue ~$2.1B, adjusted EBITDA $410-425M; targeting net leverage ~3.0x in 18-24 months.
- Declared quarterly dividend $0.0625/share, payable April 1 to March 18 record date.