Loading...
•
Sep 30, 2021
US Physical Therapy Q3 2021 Earnings Report
Patient volumes remained robust and revenue increased by 15.6% compared to Q3 2020.
Key Takeaways
U.S. Physical Therapy reported strong Q3 2021 results with revenue up 15.6% year-over-year, driven by robust patient volumes. The company's net income attributable to USPH shareholders was $10.0 million, and adjusted EBITDA, excluding Relief Funds, was $19.9 million, a 1.8% increase compared to the same period last year.
Operating Results per diluted share, excluding Relief Funds, was $0.85, the same as in Q3 2020 and 21.4% higher than Q3 2019.
Adjusted EBITDA, excluding Relief Funds, was $19.9 million, 1.8% higher than Q3 2020 and 17.6% higher than Q3 2019.
Net patient revenue from physical therapy operations was $112.3 million, a 16.5% increase from Q3 2020.
Industrial injury prevention services revenue was $10.5 million, representing a 4.8% increase over Q3 2020.
US Physical Therapy
US Physical Therapy
US Physical Therapy Revenue by Segment
Revenue by Segment
Physical Therapy Operations Revenue
CapyFin.com Forward Guidance
The company did not provide forward guidance in this earnings report.