BrightSpring Health Services, Inc. Reports Third Quarter 2024 Financial Results and Increases Full Year 2024 Guidance
BrightSpring Health Services, Inc. (BTSG)
Company Research
Source: GlobeNewswire
LOUISVILLE, Ky., Nov. 01, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced financial results for the third quarter ended September 30, 2024, and increases 2024 revenue and Adjusted EBITDA1 guidance. Financial Highlights Net Revenue of $2,907 million, up 28.8% compared to $2,257 million in the third quarter of 2023.Net loss of $9.0 million, compared to net loss of $130.1 million in the third quarter of 2023.Adjusted EBITDA1 of $151 million, up 15.7% versus $131 million in the third quarter of 2023Increased 2024 Revenue and Adjusted EBITDA Guidance: Revenue: $11,000 - $11,300 millionAdjusted EBITDA1: $580 - $585 million “We are pleased with the broad-based strength in revenue and earnings growth across Pharmacy Solutions and Providers Services in the third quarter,” said Jon Rousseau, Chairman, President and Chief Ex
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BTSG
News
- BrightSpring Health Services, Inc. to Participate in Two Upcoming Investor ConferencesGlobeNewswire
- BrightSpring Health Services Announces CareMed Was Selected as a National Specialty Pharmacy Partner for Leqembi®GlobeNewswire
- BrightSpring Health Services, Inc. (NASDAQ: BTSG) had its price target raised by analysts at Mizuho from $17.00 to $20.00. They now have an "outperform" rating on the stock.MarketBeat
- BrightSpring Health Services, Inc. (NASDAQ: BTSG) had its price target raised by analysts at UBS Group AG from $16.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- BrightSpring Health Services, Inc. (NASDAQ: BTSG) is now covered by analysts at KeyCorp. They set a "sector weight" rating on the stock.MarketBeat
BTSG
Earnings
- 11/1/24 - Miss
BTSG
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form SC
- 11/8/24 - Form SC
- BTSG's page on the SEC website