US Physical Therapy (USPH) Declares $0.17 Quarterly Dividend; 1.2% Yield

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Go back to US Physical Therapy (USPH) Declares $0.17 Quarterly Dividend; 1.2% Yield

U.S. Physical Therapy Reports Third Quarter and Nine Months Results

November 3, 2016 8:30 AM EDT

HOUSTON--(BUSINESS WIRE)-- U.S. Physical Therapy, Inc. ("USPH") (NYSE: USPH), a national operator of outpatient physical therapy clinics, today reported results for the quarter and nine months ended September 30, 2016.

USPHs net revenues in the third quarter of 2016 increased 5.1% to $88.3 million from $84.0 million in the third quarter of 2015. Income before taxes including non-controlling interests was $11.8 million as compared to $11.7 million in the comparable 2015 period. Due primarily to a higher estimated accrued tax rate of 39.8% for the recent quarter as compared to 38.6% in the third quarter of 2015, the income attributable to common shareholders... More