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Mar 31, 2022
US Physical Therapy Q1 2022 Earnings Report
Reported an increase in revenue and earnings for Q1 2022.
Key Takeaways
U.S. Physical Therapy reported a 17.2% increase in total revenue to $131.7 million for Q1 2022, driven by growth in physical therapy operations and industrial injury prevention services. Net income attributable to USPH shareholders was $8.8 million, up from $8.2 million in Q1 2021. The company's adjusted EBITDA increased by 14.2% to $17.9 million.
Total revenue increased by 17.2% to $131.7 million.
Net income attributable to USPH shareholders increased to $8.8 million.
IIP services revenue increased by 90.5% to $19.1 million.
Average visits per clinic per day increased to 27.9 from 27.1.
US Physical Therapy
US Physical Therapy
US Physical Therapy Revenue by Segment
Revenue by Segment
Physical Therapy Operations Revenue
CapyFin.com Forward Guidance
Management anticipates another productive year on the acquisition front.