U S Physical Therapy Stock Price, News & Analysis

U.S. Physical Therapy (USPH) reported strong results for the second quarter ended June 30, 2021. Operating Results per diluted share reached a record $0.96, a 146.2% increase from $0.39 in Q2 2020. Net revenues soared to $126.9 million, up 51.4% year-over-year. Adjusted EBITDA also set a record at $21.8 million, increasing 14.5% from the prior year. Average clinic visits per day hit 30, the highest ever for the company. The board increased the quarterly dividend by 8.6% to $0.38 per share and raised 2021 earnings guidance to $3.05 to $3.15 per share.

U.S. Physical Therapy (NYSE: USPH) will release its financial results for Q2 and six months ended June 30, 2021, on August 5, 2021, prior to market opening. Management will host a conference call at 10:30 AM Eastern. The company operates 575 clinics in 39 states, offering outpatient physical therapy and industrial injury prevention services. These include injury prevention, rehabilitation, and ergonomic assessments for clients. Details for participating in the conference call are provided.

U.S. Physical Therapy, Inc. (NYSE: USPH) announced participation in the CJS 21st Annual Summer Investor Virtual Conference on July 13, 2021. CEO Chris Reading and CFO Carey Hendrickson will provide an overview of the Company, which operates 575 outpatient clinics across 39 states. USPH focuses on preventive and post-operative care for orthopedic and sports-related injuries, neurological conditions, and rehabilitation services. More details, including the investor presentation, can be found on their official website.

U.S. Physical Therapy, Inc. (USPH) has announced the acquisition of an eight-clinic physical therapy practice for $10.3 million, acquiring 65% equity. The practice generates over $7.3 million in annual revenue and has approximately 65,000 patient visits yearly. CEO Chris Reading emphasized the company's commitment to partnering with motivated entities to foster growth and scalability. Founded in 1990, USPH operates 575 outpatient clinics across 39 states, specializing in orthopedic and sports-related injuries, among other services.

U.S. Physical Therapy, Inc. (NYSE: USPH) announced that CEO Chris Reading will participate in the 11th Annual East Coast IDEAS Virtual Conference on June 16, 2021. The presentation will provide an overview of the Company, which operates 567 outpatient physical therapy clinics across 39 states, offering care for orthopedic disorders, sports injuries, and worker rehabilitation. The company also manages 39 facilities for third parties and provides industrial injury prevention services. An investor presentation is available on their website.

U.S. Physical Therapy, Inc. (NYSE: USPH) will have CEO Chris Reading and CFO Carey Hendrickson present at the 2021 Jefferies Healthcare Virtual Conference on June 1, 2021. The presentation aims to provide an overview of the Company, which operates 565 outpatient physical therapy clinics across 39 states. These clinics offer care for orthopedic disorders, sports injuries, and neurological rehabilitation. Additionally, the Company manages 40 facilities for third parties and offers industrial injury prevention services.

U.S. Physical Therapy, Inc. (NYSE: USPH) recently participated in the UBS Global Healthcare Virtual Conference on May 24, 2021. CEO Chris Reading and CFO Carey Hendrickson presented an overview of the Company. U.S. Physical Therapy operates 565 outpatient clinics across 39 states, providing care for orthopedic disorders, sports injuries, and more. Additionally, the Company manages 40 facilities for third parties and offers industrial injury prevention services. For further details, visit www.usph.com.

U.S. Physical Therapy, Inc. (USPH) reported a strong first quarter for 2021, with Operating Results of $0.64 per share, significantly up from $0.30 in Q1 2020. Adjusted EBITDA rose to $15.6 million, a $7.6 million increase year-over-year. Although net patient revenues slightly decreased to $99.2 million, total revenue remained stable at approximately $112 million. March 2021 was a record month with peak metrics across visits and revenue. The company also reinstated dividends at $0.35 per share and raised earnings guidance for 2021 to a range of $2.68 to $2.78 per share.

U.S. Physical Therapy, Inc. (NYSE: USPH) will release its financial results for Q1 2021 on May 6, 2021, before the market opens. Management will hold a conference call at 10:30 AM Eastern to discuss the results. The company operates 558 outpatient physical therapy clinics across 39 states, providing care for various orthopedic disorders, sports-related injuries, and rehabilitation services. Additionally, it manages 40 facilities for third parties and offers industrial injury prevention services.