Select Medical Holdings Corporation announced its Q4 2019 results, with net operating revenues increasing by 8.7% to $1,374.6 million, income from operations increasing by 27.3% to $112.4 million, and net income increasing by 46.9% to $43.7 million compared to the same quarter of the prior year. Adjusted EBITDA increased by 16.9% to $171.9 million, and adjusted earnings per common share was $0.31 on a fully diluted basis.
Net operating revenues increased by 8.7% to $1,374.6 million compared to Q4 2018.
Income from operations increased by 27.3% to $112.4 million compared to Q4 2018.
Net income increased by 46.9% to $43.7 million compared to Q4 2018.
Adjusted earnings per common share was $0.31 on a fully diluted basis, compared to $0.20 for the same quarter, prior year.
Select Medical reaffirms its 2020 business outlook for net operating revenues, Adjusted EBITDA and fully diluted earnings per common share.
Visualization of income flow from segment revenue to net income