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Concentra Group Holdings Parent, Inc.(CON) - 2025 Q1 - Earnings Call Presentation
2025-05-08 11:01
Financial Performance - Concentra's Q1 2025 total revenue reached $5008 million, a 71% year-over-year increase[14] - Adjusted EBITDA for Q1 2025 was $1027 million, up 68% compared to Q1 2024[14] - The company is raising its FY 2025 revenue guidance to between $21 billion and $215 billion, and adjusted EBITDA guidance to between $415 million and $430 million[12] - TTM (Trailing Twelve Months) Revenue is $19 billion and TTM Adjusted EBITDA is $383 million[6] - TTM Adjusted EBITDA margin is 198%[10] Acquisitions and Expansion - Concentra completed the acquisitions of Nova (+67 centers) and PHC (+5 centers)[12] - The company announced the acquisition of Pivot Onsite Innovations (200+ onsite health clinics)[12] - Three de novo locations were opened in Q1 2025, with 3-4 more expected by year-end[12] - The purchase price for Pivot Onsite Innovations is $55 million[18] Operational Metrics - Concentra operates 627 occupational health centers and 160 onsite health clinics[6] - Visits per day (VPD) increased by 32% year-over-year, reaching 509k in Q1 2025[14] - Revenue per visit (RPV) increased by 56% year-over-year, reaching $14694 in Q1 2025[14]