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
Show less
Read more
Impact Snapshot
Event Time:
BTSG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BTSG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BTSG alerts
High impacting BrightSpring Health Services, Inc. news events
Weekly update
A roundup of the hottest topics
BTSG
News
- BrightSpring Health Services, Inc. (NASDAQ: BTSG) had its price target raised by analysts at Morgan Stanley from $19.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
- BrightSpring Health Services, Inc. (NASDAQ: BTSG) is now covered by analysts at CJS Securities. They set an "outperform" rating on the stock.MarketBeat
- BrightSpring Health Services, Inc. Announced Refinancing of Term Loan BGlobeNewswire
- BrightSpring Health Services, Inc. (NASDAQ: BTSG) had its price target raised by analysts at Bank of America Co. from $19.00 to $21.00. They now have a "buy" rating on the stock.MarketBeat
- BrightSpring Health Services, Inc. (NASDAQ: BTSG) had its price target raised by analysts at Wells Fargo & Company from $17.00 to $21.00. They now have an "overweight" rating on the stock.MarketBeat
BTSG
Earnings
- 11/1/24 - Miss
BTSG
Sec Filings
- 12/11/24 - Form 8-K
- 11/15/24 - Form 8-K
- 11/14/24 - Form SC
- BTSG's page on the SEC website