TeamHealth Holdings (TMH) Tops Q1 EPS by 4c

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Go back to TeamHealth Holdings (TMH) Tops Q1 EPS by 4c

Team Health Holdings, Inc. Announces First Quarter 2016 Financial Results

May 9, 2016 4:10 PM EDT

KNOXVILLE, Tenn., May 9, 2016 /PRNewswire/ --

First Quarter 2016 Highlights:

Net Revenue increased 35.1% to $1.14 billion over first quarter of 2015 ($192.7 million associated with IPC) Net earnings attributable to Team Health Holdings, Inc. were $0.7 million; $46.5 million after adjustments Diluted net earnings per share of $0.01; Adjusted EPS of $0.62 Adjusted EBITDA increased 27.4% to $113.8 million ($16.7 million associated with IPC)

2016 Outlook:

Consistent with prior guidance, projected 2016 net revenue growth of 31.0% to 33.0%; Adjusted EBITDA margin between 10.5% and 11.0%; Excludes any results from BPCI

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