Pediatrix Medical Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 06:00 am EDT
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Pediatrix Medical Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 506.61 million compared to USD 489.92 million a year ago. Net income was USD 21.39 million compared to USD 30.73 million a year ago. Diluted earnings per share from continuing operations was USD 0.26 compared to USD 0.35 a year ago. Basic earnings per share was USD 0.26 compared to USD 0.37 a year ago. Diluted earnings per share was USD 0.26 compared to USD 0.37 a year ago.
For the nine months, sales was USD 1,498.2 million compared to USD 1,458.18 million a year ago. Net income was USD 63.88 million compared to USD 36.68 million a year ago. Diluted earnings per share from continuing operations was USD 0.77 compared to USD 0.45 a year ago. Basic earnings per share was USD 0.77 compared to USD 0.43 a year ago. Diluted earnings per share was USD 0.77 compared to USD 0.43 a year ago.
Pediatrix Medical Group, Inc. is a provider of physician services, including newborn, maternal-fetal, pediatric cardiology and other pediatric subspecialty care. The Companyâs affiliated clinicians provide services to women, babies and children across the continuum of care, both in hospital settings and office-based practices. Its specialties include obstetrics, maternal-fetal medicine and neonatology, complemented by more than 20 pediatric subspecialties, as well as pediatric primary and urgent care clinics. Its national network comprises over 2,620 affiliated physicians, including 1,330 physicians who provide neonatal clinical care, primarily within hospital-based neonatal intensive care units (NICUs), to babies born prematurely or with medical complications. It has over 580 affiliated physicians who provide maternal-fetal and obstetrical medical care to expectant mothers experiencing complicated pregnancies primarily in areas where its affiliated neonatal physicians practice.
PEDIATRIX MEDICAL GROUP, INC. 
