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Stock impact report

Pediatrix (MD) Q2 Earnings Meet Estimates, Revenues Up Y/Y [Yahoo! Finance]

Mednax, Inc. (MD) 
Last mednax, inc. earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: mednax.com/investors
Company Research Source: Yahoo! Finance
MD reported second-quarter 2023 adjusted earnings per share (EPS) of 39 cents, meeting the Zacks Consensus Estimate. However, the bottom line declined 17% year over year. MD's net revenues of $500.6 million rose 3% from the year-ago figure. The top line beat the consensus mark by 1.2%. Pediatrix's quarterly results benefited from strong patient volumes, cash flow generation and lower general and administrative (G&A) costs. However, escalating practice salaries and benefits and net borrowings partially offset the positives. Pediatrix Medical Group, Inc. Price, Consensus and EPS Surprise Pediatrix Medical Group, Inc. price-consensus-eps-surprise-chart | Pediatrix Medical Group, Inc. Quote Q2 Update Overall same-unit revenues rose 3.2% year over year in the quarter under review thanks to increased patient volumes, partially offset by net non-same unit activity impact. Same-unit revenues attributable to patient volume inched up 0.6% year over year. Total operating expenses i Show less Read more
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