Agiliti Inc. (AGTI) Misses Q1 EPS by 7c

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Agiliti Announces Financial Results for First Quarter 2022 and Reaffirms 2022 Outlook

May 10, 2022 4:05 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- Agiliti Inc. (NYSE: AGTI) (Agiliti), a nationwide provider of healthcare technology management and service solutions to the United States healthcare industry, today announced its financial results for the quarter ended March 31, 2022, and reaffirmed its financial outlook for 2022.

First Quarter 2022 Highlights

Revenue growth of 25 percent to $294 million Net income of $19.9 million, up $10.3 million from the prior year period; diluted income per share of $0.14, up $0.05 per share from the prior year period Adjusted EBITDA1 growth of 3 percent to $89 million, and Adjusted Earnings Per... More