Welcome to our dedicated page for US Physical Therapy news (Ticker: $USPH), a resource for investors and traders seeking the latest updates and insights on US Physical Therapy stock.
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U.S. Physical Therapy, Inc. reported first-quarter 2024 results, highlighting a decrease in Adjusted EBITDA due to Medicare rate reductions and adverse weather. Despite this, net income increased, total revenue from physical therapy operations grew, and the company added new clinics. Industrial injury prevention services revenue also increased. Management raised full-year 2024 guidance to $82.5 million to $87.5 million. The company declared a dividend of $0.44 per share.
U.S. Physical Therapy, Inc. (