Agiliti (AGTI) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Agiliti reported revenue of $291.99 million for the quarter ended December 2023, marking a year-over-year increase of 3.7% and an EPS of $0.13, down from $0.18 a year ago [1] - The reported revenue met the Zacks Consensus Estimate, indicating no surprise, while the EPS exceeded expectations by 8.33% [1] Revenue Breakdown - Clinical Engineering revenue was $118.87 million, surpassing the average estimate of $115.51 million from four analysts [2] - Onsite Managed Services revenue was $61.40 million, falling short of the average estimate of $65.88 million based on four analysts [2] - Equipment Solutions revenue reached $111.72 million, slightly above the average estimate of $110.60 million from four analysts [2] Stock Performance - Agiliti shares have returned +42.6% over the past month, significantly outperforming the Zacks S&P 500 composite's +2.9% change [2] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [2]