Surgery Partners, Inc. (SGRY) Misses Q3 EPS by 15c, Revenue Beats

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Surgery Partners, Inc. Announces Third Quarter 2018 Results

November 7, 2018 7:00 AM EST

Near Term Results Reflect Ongoing Traction of Strategic Growth Initiatives; Continued Investments to Drive Accelerated Growth in 2019

BRENTWOOD, Tenn., Nov. 07, 2018 (GLOBE NEWSWIRE) --  Surgery Partners, Inc. (NASDAQ: SGRY) ("Surgery Partners" or the "Company"), a leading provider of surgical services, today announced results for the third quarter ended September 30, 2018.

Revenues increased 44.9% to $443.9 millionSame store revenues increased 11.4% over prior periodSurgical cases increased 13.9% to 127,199Net loss attributable to common stockholders of $29.2 millionAdjusted EBITDA increased 153.8% to $59.0 millionDiluted net loss per share of $(0.61)Adjusts full year 2018... More