- Acadia Healthcare (NASDAQ:ACHC) Q3 results:
- Revenue: $833.3M (+7.2%).
- Net income: $37.0M (-13.1%); non-GAAP net income: $60.3M (+31.1%); EPS: $0.42 (-12.5%); non-GAAP EPS: $0.68 (+30.8%).
- Non-GAAP EBITDA: $159.4M (+8.7%).
- Cash flow ops (9 mo.): $472.2M (+121.2%).
- Q4 guidance: Revenue: $810M - 835M; non-GAAP EPS: $0.68 - 0.72; non-GAAP EBITDA: $160M - 165M.
- Same facility revenue up 7.5%.
- 100 beds added to U.S. business.
- On another note, an institutional shareholder is suing the board claiming that it fraudulently concealed the "gruesome" and "devastating" effects of relentless cost-cutting on patients while making more than $1B in insider stock trades.
- https://seekingalpha.com/news/3629021-acadia-q3-top-line-up-7-ytd-cash-flow-ops-up-121
Search This Blog
Friday, October 30, 2020
Acadia Q3 top line up 7%, ytd cash flow ops up 121%
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.