Surgery Partners reports Q1 adjusted EPS 10c, consensus 7c

Reports Q1 revenue $717.4M, consensus $698.03M. Wayne DeVeydt, Executive Chairman of the Board of Surgery Partners, noted, “We are proud to report strong growth in Adjusted EBITDA and revenue, both ahead of our expectations. We achieved these results by continuing to focus on exceptional clinical quality and value, operational execution and the strategic impact of physician recruiting and acquisitions. Our same-facility revenue growth in excess of 10% continues to demonstrate our performance outpacing our long-term growth algorithm.”