The latest announcement is out from Pennant Group ( (PNTG) ).
The Pennant Group, Inc. reported strong third quarter 2024 results, with a 28.9% increase in total revenue to $180.7 million and a 41.6% boost in net income. The company saw significant growth in its Home Health and Hospice Services, with a 33.7% revenue rise, while its Senior Living Services also performed well. With these results, Pennant is well-positioned for future growth, supported by recent equity offerings and an expanded credit facility.
See more data about PNTG stock on TipRanks’ Stock Analysis page.
