earnings
confidence high
sentiment positive
materiality 0.80
Concentra Q2 revenue up 10%, net income up 46%; raises FY guidance; CEO succession to DiCanio
Concentra Group Holdings Parent, Inc.
- Q2 revenue $606M (+10% YoY), net income $67.3M (+45.7%), adjusted EBITDA $140.9M (+22.5%).
- Raised FY 2026 guidance: revenue $2.325B-$2.375B, adjusted EBITDA $485M-$495M.
- CEO Keith Newton to become Executive Chairman; President/CFO Matt DiCanio to become CEO effective Nov 1, 2026.
- Declared $0.0625/share dividend, payable Aug 28, record Aug 20.
- Repurchased 0.4M shares for $11M; net leverage 2.99x.