THC reports significant revenue and EBITDA growth, alongside strategic deleveraging and expansion in Q1 2024.
Q1 2024 Tenet Healthcare Corp Earnings Call
On Tuesday, Tenet Healthcare Corporation (NYSE:THC) reported first-quarter sales of $5.37 billion, up around 7% year over year, beating the consensus of $5.15 billion. Tenet Healthcare operates hospitals and healthcare facilities. “We have had an outstanding start to the year highlighted by strong growth in revenues, admissions, and profitability,” said Saum Sutaria, M.D., Chairman and Chief Executive Officer of Tenet. Adjusted EBITDA in first-quarter 2024 was $1.024 billion compared to $832 mil