Acadia Healthcare (ACHC) Tops Q3 EPS by 2c; Offers FY23 Guidance

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Go back to Acadia Healthcare (ACHC) Tops Q3 EPS by 2c; Offers FY23 Guidance

Acadia Healthcare Reports Third Quarter 2023 Results and Updates Guidance Ranges to Reflect Continued Strong Business Growth and Momentum

November 2, 2023 4:11 PM EDT

Same Facility Revenue Increases 13%

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (Acadia) (NASDAQ: ACHC) today announced financial results for the third quarter ended September 30, 2023.

Third Quarter Highlights

Revenue totaled $750.3 million, an increase of 12.5% over the third quarter of 2022 Same facility revenue increased 13.0% compared with the third quarter of 2022, including an increase in revenue per patient day of 6.6% and an increase in patient days of 6.0% Net loss attributable to Acadia totaled $217.7 million, or $2.39 per diluted share, including the impact of legal... More