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Jun 30, 2023
CHS Q2 2023 Earnings Report
Announced second quarter results with increased revenues and improved key operating metrics.
Key Takeaways
Community Health Systems, Inc. reported a net operating revenue of $3.115 billion for the second quarter ended June 30, 2023, a 6.2% increase compared to the same period in 2022. The net loss attributable to Community Health Systems, Inc. stockholders was $(38) million, or $(0.29) per share (diluted), compared to $(326) million, or $(2.52) per share (diluted), for the same period in 2022. Adjusted EBITDA was $373 million compared to $253 million for the same period in 2022.
Net operating revenues totaled $3.115 billion.
Net loss attributable to Community Health Systems, Inc. stockholders was $(38) million, or $(0.29) per share (diluted).
Adjusted EBITDA was $373 million.
Net cash provided by operating activities was $86 million.
Forward Guidance
The Company’s annual earnings guidance for 2023, as provided in our press release issued on February 15, 2023, is reaffirmed. Assumptions underlying the annual earnings guidance provided on February 15, 2023 are unchanged.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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