Agiliti Inc. (AGTI) Tops Q1 EPS by 3c; Offers FY23 Guidance

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Agiliti Announces Financial Results for First Quarter 2023 and Reaffirms 2023 Outlook

May 9, 2023 4:05 PM EDT

EDEN PRAIRIE, Minn.--(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 first quarter ended March 31, 2023, and reaffirmed its financial outlook for 2023.

First Quarter 2023 Highlights

Revenue growth of 1.9% to $300 million Net income of $3 million, down $16.9 million from the prior year period; diluted income per share of $0.02, down $0.12 per share from the prior year period Adjusted EBITDA1 of $72 million, compared to $89 million in... More