TeamHealth Holdings (TMH) Misses Q3 EPS by 2c

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Team Health Holdings, Inc. Announces Third Quarter 2015 Financial Results and Provides Update on IPC Healthcare Transaction

November 3, 2015 4:06 PM EST

KNOXVILLE, Tenn., Nov. 3, 2015 /PRNewswire/ --

Third Quarter 2015 Highlights:

Net Revenue increased to $899.2 million; 26.2% over third quarter of 2014 Net earnings attributable to Team Health Holdings, Inc. ("Net earnings") were $35.4 million; $50.0 million after adjustments Diluted net earnings per share of $0.48; Adjusted EPS of $0.68 Adjusted EBITDA increased 13.6% to $101.1 million

2015 Outlook:

Projected 2015 net revenue growth increased to a range of 25.0% to 26.0%; Adjusted EBITDA margin remains between 10.5% and 11.0%

Team Health Holdings, Inc. ("TeamHealth" or the "Company") (NYSE:... More