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.
U.S. Physical Therapy, Inc. (NYSE: USPH) will have its CEO, Chris Reading, present at the 2022 Midwest Ideas Conference on August 24, 2022. The presentation aims to provide an overview of the company, which operates 607 outpatient physical therapy clinics across 38 states. U.S. Physical Therapy also manages 33 facilities for third parties and offers industrial injury prevention services. For further details, the investor presentation is available on their website.
U.S. Physical Therapy, Inc. (USPH) reported Q2 2022 results, showing Operating Results per diluted share at $0.90, slightly down from $0.96 in 2021. Net income fell to $11.2 million from $12.4 million. Total revenue reached $140.7 million, up 10.8% year-over-year, driven by a 5.7% rise in total patient visits. However, total operating costs rose to 78.1% of revenue, impacting gross profit, which decreased by 10.2% to $30.8 million. The company announced a $325 million credit facility to support growth and a quarterly dividend of $0.41 per share. Adjusted EBITDA for 2022 is projected at $73.5 to $75.4 million.
U.S. Physical Therapy, Inc. (NYSE: USPH) will release its financial results for the second quarter and six months ended June 30, 2022, on Thursday, August 4, 2022, before market opening. Management will host a conference call on the same day at 10:30 am Eastern to discuss the results. The conference call can be accessed by dialing (800) 459-5346 or (203) 518-9544, using Conference ID: USPHQ22022. U.S. Physical Therapy operates 607 outpatient clinics across 38 states, providing orthopedic care, rehabilitation, and industrial injury prevention services.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced the closing of a $325 million credit facility, which includes a $150 million term loan and a $175 million revolver, up from the initial $300 million. The facility aims to enhance liquidity and support growth. An interest rate swap was also executed to manage interest rate risk, locking in a rate of 2.815% on $150 million of debt. This strategic move reflects the company's commitment to maintaining a robust balance sheet amid rising interest rates.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced that CFO Carey Hendrickson will participate in the East Coast IDEAS Virtual Conference on June 22, 2022. The presentation will provide an overview of the Company, which operates 608 outpatient physical therapy clinics across 38 states. U.S. Physical Therapy specializes in preventative and post-operative care for orthopedic and sports-related injuries, as well as rehabilitation for injured workers. More information can be found at www.usph.com.
Nutex Health has appointed Jon Bates as the new Chief Financial Officer, effective June 30, 2022. Bates, with significant experience in finance, has previously served as VP of Accounting at U.S. Physical Therapy, managing over $500 million in annual revenues and 600+ locations. His expertise spans strategic planning, risk assessment, and internal auditing. Former CFO Michael Bowen plans to retire but will assist in the transition for the next year. The leadership change aims to enhance Nutex Health’s operational strength as it pursues growth initiatives.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced that CEO Chris Reading and CFO Carey Hendrickson will present at the Jefferies Healthcare Conference on June 8, 2022. The presentation aims to provide an overview of the company, which operates 608 clinics across 38 states, offering treatment for orthopedic and sports injuries, as well as rehabilitation services. The company also manages 35 facilities for third parties and provides industrial injury prevention services. For more details, visit www.usph.com.
U.S. Physical Therapy (USPH) reported strong Q1 2022 results with net income of $8.8 million, up from $8.2 million year-over-year. Earnings per diluted share increased to $0.67 from $0.21. Total revenue reached $131.7 million, a 17.2% rise, while adjusted EBITDA grew 14.2% to $17.9 million. Patient visits increased by 12.2%, totaling over 1 million. The company declared a quarterly dividend of $0.41 per share payable on June 14, 2022. A significant acquisition of a six-clinic practice was also completed, enhancing growth prospects.
U.S. Physical Therapy, Inc. (NYSE: USPH) will release its financial results for Q1 ended March 31, 2022 on May 5, 2022, before market opening. A conference call will follow at 10:30 am Eastern to discuss the results. Interested participants can dial (877) 830-2598, and the Conference ID is USPHQ12022. U.S. Physical Therapy operates 601 outpatient clinics across 39 states, providing various services, including orthopedic and neurological rehabilitation.
U.S. Physical Therapy, Inc. (USPH) has announced the acquisition of a six-clinic physical therapy practice, Madden and Gilbert Physical Therapy, LLC, in South Central Pennsylvania. The Company acquired 70% of the equity for approximately $11.5 million, with the practice's founders retaining the remaining 30%. This practice generates over $7.5 million in annual revenue and handles around 71,000 patient visits annually. CEO Chris Reading emphasized the partnership's potential for market expansion and enhanced patient service.