Ardent Health Partners Exceeds Q3 Earnings and Revenue Expectations
Ardent Health Partners (ARDT) reported third-quarter financial results that surpassed analyst expectations, posting a GAAP EPS of $0.31, which beat estimates by $0.08. The company's revenue reached $1.62 billion, representing a 2.5% increase year-over-year and exceeding projections by $20 million. Following these results, the company raised its full-year guidance for net income attributable to Ardent Health, Inc., moving the range from $110–$163 million to $132–$167 million. Additionally, adjusted EBITDA guidance was revised upward to a range of $500–$535 million, while diluted earnings per share guidance was increased to $0.93–$1.18.
Tickers: $ARDT
Topics: earnings beat guidance revision revenue growth
Read the full article at Seeking Alpha
Part of the story Clover Health GAAP EPS of $0.01 beats by $0.01, revenue of $759.3M beats by $20.88M (6 articles)