Medical Facilities Reports Q3 Revenue Beat and 9.8% Year-over-Year Growth
Medical Facilities (MFCSF) has reported its third-quarter financial results, surpassing revenue expectations with a total of $65.87 million. This represents a 9.8% increase compared to the same period last year and exceeds analyst estimates by $3.27 million. The company also demonstrated improved profitability, reporting a GAAP EPS of $0.52 and an EBITDA2 increase of 13.5%, reaching $14.1 million. As of the end of the quarter, Medical Facilities maintains a strong liquidity position with a consolidated cash balance of $70.8 million.
