Reports Q2 revenue $826.2M, consensus $816.96M. Eric Evans, Chief Executive Officer, stated, “We are proud to report strong growth in Adjusted EBITDA and revenue, demonstrating the strength of our operational strategy as we capitalize on the continued momentum in the ambulatory surgery industry. Our continued focus on maximizing portfolio performance, optimistic outlook on surgical trends and regulatory landscape, and focus on exceptional clinical quality and value, positions us for continued growth in 2025 and beyond. Our growth is the result of a relentless focus on excellence and differentiation in our core short-stay surgical service lines. In line with our commitment to enhance shareholder value, we are actively evaluating portfolio optimization opportunities to expedite leverage reduction, accelerate cash flow generation and provide increased flexibility to self-fund our growth algorithm following the conclusion of the recent strategic process.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SGRY:
- Surgery Partners Inc. (SGRY) Q2 Earnings Cheat Sheet
- BofA changes Surgery Partners rating to Buy
- Surgery Partners upgraded to Buy from Neutral at BofA
- TD says CMS hospital rules positive for Surgery Partners, negative for HCA
- Positive Outlook for Surgery Partners Amid CMS Regulatory Changes Boosting ASC Opportunities