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Mar 31, 2020

Select Medical Q1 2020 Earnings Report

Select Medical's financial performance improved in Q1 2020, marked by revenue growth and increased profitability across multiple segments.

Key Takeaways

Select Medical Holdings Corporation reported a strong first quarter for 2020, with a 6.8% increase in net operating revenues to $1,414.6 million and a 32.1% increase in net income to $70.4 million. Earnings per share increased to $0.40, and adjusted earnings per share was $0.37.

Net operating revenues increased by 6.8% to $1,414.6 million compared to the prior year.

Net income rose by 32.1% to $70.4 million compared to the same quarter last year.

Earnings per share increased to $0.40 on a fully diluted basis.

Adjusted EBITDA increased by 10.1% to $187.3 million.

Total Revenue
$1.42B
Previous year: $1.33B
+6.8%
EPS
$0.37
Previous year: $0.27
+37.0%
Gross Profit
$214M
Previous year: $193M
+11.3%
Cash and Equivalents
$73.2M
Previous year: $148M
-50.5%
Total Assets
$7.12B
Previous year: $7.02B
+1.3%

Select Medical

Select Medical

Select Medical Revenue by Segment

Forward Guidance

Select Medical did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income