The Pennant Group, Inc. (NASDAQ:PNTG) Q4 2024 Earnings Call Transcript

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The Pennant Group, Inc. (NASDAQ:PNTG) Q4 2024 Earnings Call Transcript

^{Published on 2025-03-01 12:01:15 - MSN}

Q4 2024 Earnings Call Transcript February 28, 2025 Operator: Good day, and thank you for standing by. Welcome to The Pennant Group Fourth Quarter 2024 Earnings Call. [Operator Instructions]. Please be advised that today's conference is being recorded.

The Pennant Group, Inc. (NASDAQ: PNTG) held its Q4 2024 earnings call, where CEO Daniel Walker and CFO Lynette Walbom discussed the company's financial performance and strategic updates. They reported a revenue increase to $156.9 million, up 19.9% year-over-year, driven by strong growth in both home health and hospice services. Adjusted EBITDA rose to $14.1 million, with significant contributions from recent acquisitions and organic growth. The company highlighted the successful integration of new operations, improvements in clinical quality, and a focus on expanding their footprint through strategic acquisitions. They also touched on challenges like labor costs and regulatory changes but expressed confidence in their ability to manage these through operational efficiencies and their robust business model. The call concluded with a Q&A session addressing investor queries on future growth strategies, financial health, and market conditions.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/the-pennant-group-inc-nasdaq-pntg-q4-2024-earnings-call-transcript/ar-AA1A2AVA ]

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The Pennant Group, Inc. (NASDAQ:PNTG) Q4 2024 Earnings Call Transcript