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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.
Select Medical did not provide specific forward guidance in this earnings report.
Visualization of income flow from segment revenue to net income