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Dec 31, 2023
Surgery Partners Q4 2023 Earnings Report
Announced fourth quarter and full year 2023 results and set 2024 guidance.
Key Takeaways
Surgery Partners reported a 4.0% increase in revenue for the fourth quarter of 2023, reaching $735.4 million. Days adjusted same-facility revenues increased by 8.1%. The company's Adjusted EBITDA was $142.3 million, compared to $120.8 million for the same period last year.
Revenue increased 4.0% to $735.4 million in the fourth quarter 2023.
Days adjusted same-facility revenues increased 8.1% in the fourth quarter 2023.
Net loss attributable to common stockholders was $1.0 million for the fourth quarter 2023.
Adjusted EBITDA increased 17.8% to $142.3 million in the fourth quarter 2023.
Forward Guidance
The Company projects 2024 revenues to be greater than $3.0 billion, projects 2024 Adjusted EBITDA to be greater than $495 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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