Surgery Partners Inc Stock Price, News & Analysis

Surgery Partners, Inc. (NASDAQ:SGRY) announced that it will release its fourth quarter 2022 results on March 1, 2023, before the market opens. A conference call will follow at 8:30 a.m. ET, where investors can access the live call by dialing 1-877-451-6152 for domestic calls and 1-201-389-0879 for international attendees. A replay will be available after the call until March 15, 2023. Surgery Partners is a prominent name in the healthcare sector, operating over 180 locations across 31 states. For more information, visit their website at www.surgerypartners.com.

Surgery Partners (NASDAQ:SGRY) is reaffirming its 2022 financial guidance during the J.P. Morgan Healthcare Conference on January 9, 2023. The company projects an Adjusted EBITDA of $375 million to $385 million and revenue of $2.50 billion to $2.55 billion. Headquartered in Brentwood, TN, Surgery Partners operates over 180 locations across 31 states, focusing on high-quality, cost-effective surgical services. The company acknowledges risks including COVID-19 impacts, economic conditions, and potential delays in financial closing procedures, which may affect actual results.

Surgery Partners, Inc. (NASDAQ:SGRY), a prominent healthcare services provider, will present at the J.P. Morgan Healthcare Conference on January 9, 2023, at 8:15 PM ET. Key executives, including Wayne S. DeVeydt, Eric Evans, and Dave Doherty, will engage with investors during this event. A live webcast of the presentation is accessible via the company’s Investor Relations website, with a replay available afterward. Founded in 2004 and headquartered in Brentwood, Tennessee, Surgery Partners operates over 180 locations across 31 states, delivering high-quality surgical and ancillary care.

Surgery Partners (NASDAQ:SGRY) reported third-quarter 2022 revenue of $620.6 million, a rise of 11.0% year-over-year. Same-facility revenues grew by 5.1%. Despite a net loss of $25.0 million, Adjusted EBITDA increased by nearly 26% to $96.2 million, with margins at 15.5%. The company reaffirmed its 2022 Adjusted EBITDA projection of $375 million to $385 million, and revenue expectations between $2.5 billion and $2.55 billion. The results were influenced by Hurricane Ian's impact on Florida operations, but strong operational performance and continued acquisitions helped maintain growth.

Surgery Partners, Inc. (NASDAQ:SGRY) announced that it will release its third quarter 2022 results before the market opens on November 8, 2022. This will be followed by a conference call at 8:30 a.m. Eastern Time. Interested participants can join the call via a domestic dial-in number at 1-877-451-6152 or an international line at 1-201-389-0879. A replay will be available shortly after the call until November 22, 2022. Surgery Partners operates over 180 surgical facilities across 32 states, focusing on cost-effective surgical solutions for patients and physicians.

Physicians Realty Trust reported a second quarter 2022 net income of $0.07 per share and $0.27 Normalized FFO per share, with total revenue rising 17% to $132.2 million. The Trust executed $46.9 million in investments, announced a quarterly dividend of $0.23 per share, and disposed of one property for $6.4 million, realizing a net gain of $3.7 million. A significant sale of three facilities in Great Falls, Montana on July 14 generated $116.3 million with a net gain of $53.9 million. The portfolio was 95% leased, and Same-Store Cash NOI grew 1.9% year-over-year.

Surgery Partners (NASDAQ:SGRY) reported a 13.3% revenue increase to $615.4 million for Q2 2022, driven by 149,000 surgical cases performed, up nearly 7% year-over-year. Adjusted EBITDA rose 13.4% to $86.1 million, with margins at 14.0%. Despite a net loss of $18.4 million, the company reaffirmed its 2022 guidance for revenue between $2.5 billion and $2.6 billion. Cash flow from operating activities surged to $42.1 million, significantly above last year's $2.3 million. The company maintains a strong liquidity position with $227.4 million in cash.

Surgery Partners (NASDAQ:SGRY) will announce its second quarter 2022 financial results on August 2, 2022, before market opening. A conference call is scheduled for 8:30 a.m. ET, where investors can join via a dedicated dial-in or webcast through the company’s Investor Relations website. Founded in 2004 and headquartered in Brentwood, Tennessee, Surgery Partners operates over 180 surgical facilities across 32 states, focusing on high-quality, cost-effective outpatient care.

Surgery Partners (NASDAQ:SGRY) will present at the Jefferies Healthcare Conference on June 8, 2022, at 4:30 p.m. EST. The event aims to connect the company with investors.

Interested parties can listen to a live webcast on the Surgery Partners investor relations page, with a replay available for a limited time thereafter.

Founded in 2004 and headquartered in Brentwood, Tennessee, Surgery Partners operates over 180 facilities in 32 states, focusing on high-quality, cost-effective surgical care.