Surgical Care (SCAI) Tops Q4 EPS by 17c

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Surgical Care Affiliates, Inc. Announces Fourth Quarter and Full Year 2014 Results

March 10, 2015 6:00 AM EDT

DEERFIELD, Ill., March 10, 2015 (GLOBE NEWSWIRE) -- Surgical Care Affiliates, Inc. (Nasdaq: SCAI) ("SCA" or the "Company") announced today results for the fourth quarter of 2014, including: 15.6% growth in Net operating revenues (to $247.2 million), 26.0% growth in Adjusted EBITDA less NCI (to $48.0 million), and Net Income attributable to SCA of $17.9 million. For the full year, the Company's adjusted EBITDA less NCI grew 10%, which was consistent with its original guidance. The Company has added ten new facilities since the end of the third quarter of 2014, including four added since the beginning of 2015, and reiterated its previous... More