New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 31, 2014
05:57 EDTMDMEDNAX announces acquisition of Associated Anesthesiologists
MEDNAX announced the acquisition of Associated Anesthesiologists of Joliet, S.C., a private physician group practice based in Joliet, Ill., and its related entities: Madison Avenue Anesthesia Placement Services, LLC, Crawford Avenue Anesthesia Placement Services, LLC and Pain Centers of Chicago, LLC. This was a cash transaction, and it is expected to be immediately accretive to earnings. No additional terms of the transaction were disclosed.
News For MD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 4, 2016
06:31 EDTMDMEDNAX sees Q1 results affected by annual seasonality
MEDNAX's results from operations for Q1, when compared on a sequential basis to 4Q15, will be affected by annual seasonality. These factors include a significant increase in expenses associated with Social Security payroll taxes that are higher at the beginning of every year, as compared to Q4 of each year as well as impacts on net revenue during Q1, on a sequential basis, because there are fewer calendar days than in Q4. These recurring items reduce MEDNAX's EBITDA, net income, and EPS for Q1 of each year, relative to other quarters throughout the year.
06:04 EDTMDMEDNAX sees Q1 adjusted EPS 85c-89c, consensus 89c
Sees Q1 same-unit revenue growth of 0.5%-2.5% over the prior-year period, including an approximately 1% unfavorable impact from the decrease in parity revenue from the 1Q15. Consensus for Q1 revenue is $749.43M.
06:02 EDTMDMEDNAX reports Q4 adjusted EPS $1.13, consensus $1.10
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use