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Sep 30, 2021
ATI Q3 2021 Earnings Report
ATI Physical Therapy reported third quarter 2021 results, which included a net operating revenue of $159.0 million and an Adjusted EBITDA of $8.5 million.
Key Takeaways
ATI Physical Therapy reported financial results for the third quarter ended September 30, 2021. Net operating revenue was $159.0 million, and Adjusted EBITDA was $8.5 million.
Net operating revenue was $159.0 million, an increase of 7.0% year over year.
Net patient revenue was $141.9 million, an increase of 6.8% year over year.
Visits per Day (VPD) were 20,674, an increase of 13.8% year over year.
The company had $135 million of available liquidity as of September 30, 2021.
Revenue by Segment
Forward Guidance
ATI is projecting revenue to be in a range of $620 million to $630 million and Adjusted EBITDA to be in a range of $40 million to $44 million. ATI expects to open 55 to 65 new clinics in 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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