Loading...
•
Sep 30, 2022
ATI Q3 2022 Earnings Report
ATI Physical Therapy reported third quarter 2022 results, facing challenges in the labor market while implementing transformation and efficiency projects.
Key Takeaways
ATI Physical Therapy reported a net operating revenue of $156.8 million, a 1% decrease year-over-year. The company is focused on optimizing clinic footprint and financial return at the local market level and controlling costs at corporate.
Net operating revenue was $156.8 million, a decrease of 1% year over year.
Net patient revenue was $142.3 million, essentially flat year over year.
Visits per Day were 21,493, an increase of 4% year over year.
The company opened 11 new clinics and closed 8, bringing the total to 929 clinics.
Revenue by Segment
Forward Guidance
ATI is aggressively working to implement changes to deliver expected results, despite a continuing tight labor market and other secular headwinds.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...