Select Medical Holdings (SEM) Tops Q3 EPS by 4c, Revenues Miss; Offers FY18 Revenue Outlook Below Consensus

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Go back to Select Medical Holdings (SEM) Tops Q3 EPS by 4c, Revenues Miss; Offers FY18 Revenue Outlook Below Consensus

Select Medical Holdings Corporation Announces Results For Its Third Quarter Ended September 30, 2018

November 1, 2018 4:30 PM EDT

MECHANICSBURG, Pa., Nov. 1, 2018 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical") (NYSE: SEM) today announced results for its third quarter ended September 30, 2018.

For the third quarter ended September 30, 2018, net operating revenues increased 17.7% to $1,267.4 million, compared to $1,077.0 million for the same quarter, prior year. Income from operations increased 38.5% to $99.8 million for the third quarter ended September 30, 2018, compared to $72.1 million for the same quarter, prior year. Net income increased 71.9% to $42.7 million for the third quarter ended September 30, 2018, compared to $24.8 million for the same quarter, prior year. Net income for the third quarter ended September 30,... More