BrightSpring Health Services, Inc. Reports First Quarter 2024 Financial Results and Increases Full Year 2024 Guidance
BrightSpring Health Services, Inc. (BTSG)
Company Research
Source: GlobeNewswire
LOUISVILLE, Ky., May 02, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced financial results for the first quarter ended March 31, 2024, and increases 2024 revenue and Adjusted EBITDA1 guidance. Financial Highlights Net Revenue of $2,577 million, up 27.0% compared to $2,028 million in the first quarter of 2023.Net loss of $46 million, compared to net loss of $22 million in the first quarter of 2023.Adjusted EBITDA1 of $131 million, up 13.2% versus $115 million in the first quarter of 2023.Increased 2024 Revenue and Adjusted EBITDA Guidance: Revenue: $10,300 - $10,800 millionAdjusted EBITDA1: $555 - $570 million, excluding potential Quality Incentive Payment Elected Olivia Kirtley, CPA, to the Board of Directors in connection with the Com
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BTSG
News
- BrightSpring Health Services, Inc. (NASDAQ: BTSG) had its price target raised by analysts at Wells Fargo & Company from $15.00 to $16.00. They now have an "overweight" rating on the stock.MarketBeat
- BrightSpring Health Services, Inc. Welcomes Timothy A. Wicks to Board of DirectorsGlobeNewswire
- BrightSpring Health Services Specialty Pharmacy Onco360® Selected as National Pharmacy Partner for Voydeya®GlobeNewswire
- BrightSpring Health Services, Inc. to Announce First Quarter 2024 Financial Results on May 2, 2024, and Participate in the Bank of America 2024 Healthcare ConferenceGlobeNewswire
- BrightSpring Health Services Applauds Hundreds of Award-Winning Employees for their Recognition of Outstanding Service and CareGlobeNewswire
BTSG
Earnings
- 5/2/24 - Miss
BTSG
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/26/24 - Form 8-K
- BTSG's page on the SEC website