MEDNAX (MD) Misses Q1 EPS by 8c

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MEDNAX Reports First Quarter GAAP EPS of $0.59; Adjusted EPS of $0.75

May 4, 2017 6:00 AM EDT

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- MEDNAX, Inc. (NYSE: MD), the national health solutions partner specializing in neonatology, anesthesiology, maternal-fetal medicine, other pediatric services, radiology, and management services, today reported earnings of $0.59 per diluted share for the three months ended March 31, 2017. On a non-GAAP basis, MEDNAX reported Adjusted EPS of $0.75.

For the 2017 first quarter, MEDNAX reported the following results as compared to the first quarter of 2016:

Net revenue of $836 million, compared to $753 million; Net income of $55 million, compared to $68 million; and EBITDA of $132... More