Medical Facilities Corp
F:31F
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
M
|
Medical Facilities Corp
F:31F
|
CA |
|
H
|
Hellofresh SE
SWB:HFG
|
DE |
Earnings Calls
Last Earnings Call
Revenue: Medical Facilities reported second-quarter revenue of $63.1 million, up 7.8% year over year, helped by a better case mix with more higher-value orthopedic and spine procedures.
Profitability: Income from operations rose 9.4% to $9.6 million, and EBITDA increased 7.1% to $12.5 million, reflecting stronger revenue and mix.
Volume mix: Surgical case volume was down 2.3%, but management said volumes were essentially flat excluding low-margin dental cases; pain management remained soft, especially at Arkansas Surgical Hospital.
Capital return: The company bought back about 1.34 million shares for $17.1 million in the quarter and has now fully used the current NCIB limit of about 1.81 million shares.
Balance sheet: Medical Facilities ended the quarter with $64.1 million in cash and no corporate-level bank debt, giving it flexibility to support hospitals and continue returning capital.