Welcome to our dedicated page for U S Physical Therapy news (Ticker: USPH), a resource for investors and traders seeking the latest updates and insights on U S Physical Therapy stock.
U.S. Physical Therapy, Inc. (USPH) is a national operator of outpatient physical therapy clinics and a provider of industrial injury prevention services. Company news frequently highlights developments in its clinic network, financial performance, and corporate activities, offering context for investors who follow USPH stock.
News releases from U.S. Physical Therapy often cover quarterly and year-to-date financial results, including net revenue, gross profit, patient visit volumes, and segment performance for physical therapy operations and industrial injury prevention services. The company also reports non-GAAP measures such as Adjusted EBITDA and Operating Results, along with commentary from management on clinic volumes, cost structures, and business priorities.
Another recurring theme in USPH news is acquisition activity. The company regularly announces acquisitions of physical therapy practices and management services companies, including multi-clinic practices where U.S. Physical Therapy acquires a majority or partial interest while original owners retain an equity stake. These announcements typically describe the number of clinic locations involved and the approximate annual revenue and visit volumes of the acquired practices.
Investors will also find news about dividend declarations, conference call schedules for earnings releases, and participation in healthcare and investor conferences. The company issues press releases when it schedules earnings calls, when its board declares quarterly dividends, and when executives present at industry and investor events.
This USPH news page on Stock Titan aggregates such updates so readers can review earnings announcements, acquisition news, conference participation, and other corporate disclosures in one place. For those tracking U.S. Physical Therapy’s operational and financial trends, regularly reviewing this news feed provides a view of how clinic additions, industrial injury prevention services, and capital allocation decisions are reflected in the company’s public communications.
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U.S. Physical Therapy, Inc. (NYSE: USPH) will report its financial results for the first quarter ended March 31, 2023 on May 3, 2023, after market close. A conference call to discuss the results is scheduled for May 4, 2023, at 10:30 am Eastern / 9:30 am Central. Investors can join via phone at (800) 895-3361 or (785) 424-1062, using the conference ID USPHQ123. U.S. Physical Therapy operates 647 outpatient clinics across 40 states, offering a range of services including injury prevention and rehabilitation. Details for accessing the live call and subsequent playback are available on their official website.
U.S. Physical Therapy, Inc. (NYSE: USPH) has announced that Chief Financial Officer Carey Hendrickson and Chief Operating Officer Eric Williams will present at the Oppenheimer 33rd Annual Healthcare Virtual Conference on March 13, 2023. The presentation will provide an overview of the Company's operations, which include 645 outpatient physical therapy clinics across 40 states, specializing in orthopedic and neurological care. The company also manages 36 facilities for third parties and offers industrial injury prevention services.
For more details, the investor presentation is available on U.S. Physical Therapy's website: www.usph.com.
U.S. Physical Therapy, Inc. (USPH) has acquired 80% of a physical therapy practice for approximately $6.2 million. The acquired practice generates around $3.2 million in annual revenue and handles about 27,000 patient visits annually. The founders will retain a 20% stake, ensuring a collaborative approach to growth. CEO Chris Reading emphasized their plans to expand the clinic's services to new locations, leveraging the existing strong community presence.
This acquisition aligns with USPH's strategic expansion goals in the outpatient physical therapy sector.
U.S. Physical Therapy (USPH) reported its 2022 financial results with a 2.8% increase in Adjusted EBITDA to $17.9 million in Q4 and a slight decline of 0.2% year-over-year to $73.7 million. Net income for Q4 dropped to $2.6 million from $10.2 million, impacted by a $4.8 million goodwill impairment charge. Full-year revenue rose 11.7% to $553.1 million, driven by a 6.0% increase in net patient revenue, totaling $464.6 million. Despite challenges, patient volumes remained strong, with a 6.2% rise in total visits. The board increased the quarterly dividend by 4.9%, reflecting confidence in future performance, with 2023 Adjusted EBITDA guidance set between $75 million and $80 million.
U.S. Physical Therapy, Inc. (USPH) announced its financial results for the fourth quarter and full year 2022. Key figures include a reported total revenue of $141.2 million for Q4 2022, up 8.7% year-over-year, and net patient revenue of $120.1 million, increasing by 5.8%. Adjusted EBITDA for Q4 2022 was $17.9 million, a slight increase, while net income attributable to shareholders dropped to $2.6 million from $10.2 million in Q4 2021, influenced by a $4.8 million goodwill impairment charge. The company's board raised the quarterly dividend by 4.9% to $0.43 per share and provided guidance for 2023 with projected Adjusted EBITDA of $75.0-$80.0 million.
U.S. Physical Therapy, Inc. (NYSE: USPH) will report its financial results for the fourth quarter and full year ending December 31, 2022, on February 22, 2023, after market close. A conference call will occur the following day, February 23, 2023, at 10:30 AM Eastern/9:30 AM Central. Investors can join the call using the dial-in number (866) 952-8559, with Conference ID: USPHQ422. U.S. Physical Therapy operates 640 outpatient clinics across 40 states, providing services for orthopedic disorders, injuries, and rehabilitation. Founded in 1990, they also manage facilities for third parties and offer industrial injury prevention services.
U.S. Physical Therapy (NYSE: USPH) announced its participation in the 41st Annual J.P. Morgan Healthcare Conference on January 12, 2023. CEO Chris Reading and CFO Carey Hendrickson will present an overview of the company, which operates 640 outpatient physical therapy clinics across 40 states. The clinics focus on preventative and post-operative care, treating orthopedic and sports-related injuries, and providing rehabilitation services. An investor presentation is available on the company's website.
U.S. Physical Therapy, Inc. (NYSE: USPH) has completed the acquisition of an 80% stake in a physical therapy practice for approximately $25 million. This practice generates over $12 million in annual revenue and accounts for around 120,000 patient visits each year. CEO Chris Reading expressed optimism about the capabilities of the new team and the potential for future developments. This acquisition aligns with U.S. Physical Therapy's growth strategy and enhances its portfolio of outpatient clinic operations.