Cash PositionThere is worry about PIII's tight cash position and the company's persistent struggle to improve earnings.
Earnings PerformanceResults this quarter were again disappointing, evidenced by a significant miss in adjusted EBITDA, and medical expenses remain a headwind.
Utilization And Costs VisibilityVisibility into utilization and costs is low, and PIII has missed consensus estimates for EBITDA in all of the last 7 quarters.