NHC(US:NHC)2025-11-07 14:18Financial Performance - Net operating revenues for Q3 2025 totaled $382,661,000, an increase of 12.5% compared to $340,198,000 in Q3 2024, driven by an 8.7% increase in same-facility revenues and the acquisition of White Oak Management[1] - Adjusted net income for Q3 2025 was $24,744,000, a 24.3% increase from $19,910,000 in Q3 2024, while GAAP net income was $39,239,000 compared to $42,789,000 in the same period last year[2] - GAAP diluted earnings per share for Q3 2025 were $2.50, down from $2.73 in Q3 2024, while adjusted diluted earnings per share increased to $1.58 from $1.27[2] - The company reported a total of $352,283,000 in costs and expenses for Q3 2025, up from $317,409,000 in Q3 2024[8] Patient Care Metrics - Total skilled nursing patient days increased to 740,373 in Q3 2025, up from 673,378 in Q3 2024, reflecting growth in Medicare and Managed Care patient days[9] - Average skilled nursing per diem for Medicare increased to $613.12 in Q3 2025 from $578.12 in Q3 2024, while Managed Care per diem decreased to $417.32 from $459.94[9] Assets and Cash Position - Cash, cash equivalents, and marketable securities rose to $297,383,000 as of September 30, 2025, compared to $216,185,000 at the end of 2024[8] - Total assets increased to $1,572,142,000 as of September 30, 2025, compared to $1,524,429,000 at the end of 2024[8] Dividends and Shareholder Returns - Dividends declared per common share increased to $0.64 in Q3 2025 from $0.61 in Q3 2024[8] Operational Overview - NHC affiliates operate 80 skilled nursing facilities with 10,329 beds, alongside 26 assisted living communities and other health care services[4]