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Stock impact report

Pennant Reports Third Quarter 2024 Results

The Pennant Group, Inc. (PNTG) 
Last the pennant group, inc. earnings: 3/4 04:22 pm Check Earnings Report
Company Research Source: GlobeNewswire
EAGLE, Idaho, Nov. 06, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the third quarter of 2024, reporting GAAP diluted earnings per share of $0.20 for the third quarter of 2024. Pennant also reported adjusted diluted earnings per share of $0.26 for the quarter (1). Third Quarter Highlights Total revenue for the third quarter was $180.7 million, an increase of $40.5 million or 28.9% over the prior year quarter; Net income for the third quarter was $6.2 million, an increase of $1.8 million or 41.6% over the prior year quarter; Adjusted net income for the third quarter was $8.2 million, an increase of $2.2 million or 36.8% over the prior year quarter; Segment Adjusted EBITDAR from Operations for the third quarter was $26 Show less Read more
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