U.S. Physical Therapy Reports First Quarter 2024 Results [Yahoo! Finance]
U.S. Physical Therapy, Inc. (USPH)
Last u.s. physical therapy, inc. earnings: 2/27 08:30 am
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US:NYSE Investor Relations:
usph.com/investor-relations/presentations.aspx
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Source: Yahoo! Finance
Physical Therapy, Inc. ("USPH" or the "Company") (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today reported results for the first quarter ended March 31, 2024. FINANCIAL HIGHLIGHTS Adjusted EBITDA , a non-Generally Accepted Accounting Principles ("GAAP") measure, was $16.7 million for the first quarter ended March 31, 2024 ("2024 First Quarter") compared to $18.5 million in the first quarter ended March 31, 2023 ("2023 First Quarter"), with the variance due to the Medicare rate reductions that took effect at the beginning of 2024 and the impact of significant adverse weather events in January 2024. The Medicare rate reductions decreased Adjusted EBITDA by approximately $1.7 million while the adverse weather resulted in a decrease in Adjusted EBITDA of approximately $1.3 million. Operating Results , a non-GAAP measure, was $7.7 million in each of the 2024 First Quarter and 2023 First Quarter. On a
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News
- U.S. Physical Therapy to Present at the Bank of America Securities Healthcare Conference 2024 [Yahoo! Finance]Yahoo! Finance
- U.S. Physical Therapy to Present at the Bank of America Securities Healthcare Conference 2024Business Wire
- U.S. Physical Therapy, Inc. (NYSE:USPH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- U.S. Physical Therapy, Inc. (NYSE: USPH) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $122.00 price target on the stock.MarketBeat
- U.S. Physical Therapy Reports First Quarter 2024 ResultsBusiness Wire
USPH
Earnings
- 5/7/24 - Miss
USPH
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 4
- 5/16/24 - Form 144
- USPH's page on the SEC website