Surgery Partners, Inc. Announces Second Quarter 2019 Results

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Surgery Partners, Inc. (SGRY) Misses Q2 EPS by 12c, Revenues Miss

August 7, 2019 7:08 AM EDT

Surgery Partners, Inc. (NASDAQ: SGRY) reported Q2 EPS of ($0.29), $0.12 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $445.4 million versus the consensus estimate of $451.42 million.

Revenues increased 2.0% over the prior year period to $445.4 million; Adjusted Revenues increased 1.8% to $452.8 millionSame-facility revenues increased 7.9% over prior year periodNet loss attributable to common stockholders of $28.6 millionAdjusted net loss attributable to common stockholders of $14.1 millionAdjusted EBITDA increased 10.5% over prior year period to $61.2 millionDiluted net loss per share of $0.59Diluted adjusted net loss per share of $0.29The... More