FX.co ★ Surgery Partners Boosts FY24 Outlook - Update

Surgery Partners, Inc., a company that owns surgical facilities, announced its first-quarter financial results on Tuesday, wherein it upgraded its revenue and adjusted EBITDA forecasts for the entire year of 2024. The company is now estimating revenues of at least $3.05 billion and an adjusted EBITDA of a minimum of $505 million for the fiscal year 2024.

This is a revision from their prior projections, where they anticipated revenues to surpass $3.0 billion and adjusted EBITDA to exceed $495 million. A survey of ten analysts conducted by Thomson Reuters suggests that the company's expected annual revenues are pegged marginally lower at $3.0 billion.