MEDNAX (MD) Misses Q4 EPS by 31c, Revenues Miss

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Mednax Reports Fourth Quarter Results

February 18, 2021 6:00 AM EST

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Mednax, Inc. (NYSE: MD), the national medical group specializing in prenatal, neonatal, and pediatric services, today reported earnings from continuing operations of $0.05 per share for the three months ended December 31, 2020. On a non-GAAP basis, Mednax reported Adjusted EPS from continuing operations of $0.25.

For the 2020 fourth quarter, Mednax reported the following results from continuing operations:

Net revenue of $417 million; Income from continuing operations of $4 million; Net loss of $64 million; and Adjusted EBITDA of $58 million.

The fourth... More