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Stock impact report

Pediatrix Medical Group Reports First Quarter Results

Pediatrix Medical Group, Inc. (MD) 
Last pediatrix medical group, inc. earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: mednax.com/investors
Company Research Source: Business Wire
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Pediatrix Medical Group, Inc. (NYSE: MD), the nation’s leading provider of highly specialized health care for women, children and babies, today reported earnings of $0.05 per share for the three months ended March 31, 2024. On a non-GAAP basis, Pediatrix reported Adjusted EPS of $0.20.For the 2024 first quarter, Pediatrix reported the following results:Net revenue of $495 million;Net income of $4 million; andAdjusted EBITDA of $37 million.“Our first quarter operating results were in line with our expectations,” said James D. Swift, M.D., Chief Executive Officer of Pediatrix Medical Group. “Our key priorities for 2024 are sharply focused on operating efficiency and stabilization of our margin profile. We believe that our operating plans, combined with our strong financial position, will benefit all of our stakeholders.”Operating Results– Three Months Ended March 31, 2024Pediatrix’s net revenue for the three months ended March 31, 2024 was $49 Show less Read more
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