- Community Health Systems (NYSE:CYH) Q3 results:
- Net revenues: $3,126M (-3.7%).
- Net income: $128M (+758.8%); EPS: $0.97 (+746.7%); non-GAAP EBITDA: $431M (+11.1%).
- Cash flow ops: $393M (+631.1%).
- Number of hospitals: 93 (103 a year ago).
- Admissions down 13%.
- Licensed beds: 15,252 (-7%).
- About $261M of debt extinguished via open market transactions.
- Shares up 7% after hours.
- On another note, Chairman and CEO Wayne Smith will transition to Executive Chairman effective January 1, 2021. President & COO Tim Hingtgen will assume the CEO role on the same day.
- https://seekingalpha.com/news/3626826-community-health-systems-turns-corner-earnings-up-over-seven-fold
Tuesday, October 27, 2020
Community Health Systems turns the corner, earnings up over seven-fold
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.