Team Health (TMH) PT Raised to $72 at Piper Jaffray Following IPC Deal
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Team Health Holdings, Inc. Announces Second Quarter 2015 Financial Results
August 4, 2015 8:15 AM EDTKNOXVILLE, Tenn., Aug. 4, 2015 /PRNewswire/ --
Second Quarter 2015 Highlights:
Net Revenue increased to $878.0 million; 30.1% over second quarter of 2014 Net earnings attributable to Team Health Holdings, Inc. ("Net earnings") were $28.9 million; $51.2 million after adjustments Diluted net earnings per share of $0.39; Adjusted EPS of $0.70 Adjusted EBITDA increased 15.2% to $99.4 million2015 Outlook:
Projected 2015 net revenue growth increased to a range of 24.0% to 26.0%; Adjusted EBITDA margin remains between 10.5% and 11.0%Agreement with IPC Healthcare:
Company enters... More
TeamHealth to Acquire IPC Healthcare for $1.6 Billion, Creating Leading Physician Services Organization
August 4, 2015 8:15 AM EDTKNOXVILLE, Tenn. and NORTH HOLLYWOOD, Calif., Aug. 4, 2015 /PRNewswire/ -- Team Health Holdings, Inc. ("TeamHealth" or the "Company") (NYSE: TMH), a leading provider of outsourced physician staffing solutions for hospitals in the United States, today announced a definitive agreement to acquire IPC Healthcare Inc. ("IPC Healthcare") (Nasdaq: IPCM), a leading national acute hospitalist and post-acute provider organization, in an all-cash transaction with an enterprise value of approximately $1.6 billion or $80.25 per share. The boards of directors of both companies have approved the transaction.
"We are excited to announce... More
