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Concentra Group Holdings Parent (CON)

Recent press releases and 8-K filings for CON.

Concentra Group Holdings Parent Reports Strong Q3 2025 Results and Updates 2025 Guidance
CON
Earnings
Guidance Update
Share Buyback
  • Concentra Group Holdings Parent reported Q3 2025 revenue of $572.8 million, a 17% increase year-over-year, or $541.5 million (up 10.6%) excluding the Nova acquisition.
  • Adjusted EBITDA reached $118.9 million, a 17.1% increase from the prior year, with the adjusted EBITDA margin slightly improving to 20.8% in Q3 2025.
  • The company reported adjusted net income of $49.9 million and adjusted earnings per share of $0.39 for the third quarter of 2025.
  • Concentra updated its 2025 revenue guidance to a low end of $2.145 billion and adjusted EBITDA guidance to a low end of $425 million, while reaffirming leverage targets of 3.5x or below by year-end 2025 and below 3.0x by year-end 2026.
  • The Board declared a cash dividend of $0.0625 per share and authorized a $100 million share repurchase program.
Nov 7, 2025, 2:00 PM
Concentra Reports Strong Q3 2025 Results and Raises Full-Year Guidance
CON
Earnings
Guidance Update
Share Buyback
  • Concentra reported strong Q3 2025 financial results, with Total Revenue increasing 17.0% year-over-year to $572.8 million and Adjusted EBITDA growing 17.1% year-over-year to $118.9 million.
  • The company raised its FY 2025 guidance for Total Revenue to between $2.145 billion and $2.160 billion and for Adjusted EBITDA to between $425 million and $430 million.
  • Concentra continued its focus on de-leveraging, reducing net leverage to 3.6x in Q3 2025, and authorized a $100 million share repurchase program while maintaining a $0.0625 quarterly dividend.
  • Operational growth was driven by the integration of Nova and Pivot Onsite acquisitions, along with opening 1 de novo in Q3 2025, targeting 7 total for the year.
Nov 7, 2025, 2:00 PM
Concentra Group Holdings Parent, Inc. Announces Q3 2025 Results, Cash Dividend, and Raised FY 2025 Guidance
CON
Earnings
Guidance Update
Dividends
  • Concentra Group Holdings Parent, Inc. reported strong Q3 2025 financial results, with revenue increasing 17.0% to $572.8 million and Adjusted EBITDA growing 17.1% to $118.9 million compared to Q3 2024.
  • The company's net income for Q3 2025 was $49.8 million, resulting in earnings per share of $0.38.
  • Concentra raised its full-year 2025 guidance, now projecting revenue in the range of $2.145 billion to $2.160 billion and Adjusted EBITDA between $425 million and $430 million.
  • Operational performance was robust, with patient visits per day increasing 9.2% and revenue per visit up 4.2% in Q3 2025 year-over-year.
  • The Board of Directors declared a quarterly cash dividend of $0.0625 per share and authorized a $100 million share repurchase program.
Nov 6, 2025, 9:40 PM
Concentra Announces Strong Q2 2025 Results and Raises Full-Year Guidance
CON
Earnings
Guidance Update
M&A
  • Concentra reported strong Q2 2025 financial performance with Total Revenue of $550.8 million, representing a 15.2% growth year-over-year, and Adjusted EBITDA of $115.0 million, a 13.2% growth year-over-year.
  • The company raised its full-year 2025 guidance, now expecting Total Revenue between $2.13 billion and $2.16 billion and Adjusted EBITDA between $420 million and $430 million.
  • Concentra completed the acquisition of Pivot Onsite Innovations on June 1, adding 240+ onsite health clinics and bringing the total number of center and onsite locations to over 1,000 as of June 30, 2025.
  • The company's net leverage was lowered to 3.8x in Q2 2025, with a focus on de-levering to ~3.5x by year-end 2025 and targeting <3.0x by the end of 2026.
Aug 8, 2025, 1:00 PM
Concentra Group Holdings Parent, Inc. Announces Q2 2025 Results, Raises Guidance, and Declares Dividend
CON
Earnings
Guidance Update
M&A
  • Concentra Group Holdings Parent, Inc. reported Q2 2025 revenue of $550.8 million, an increase of 15.2% from Q2 2024, and Adjusted EBITDA of $115.0 million, up 13.2%. Net income for the quarter was $46.2 million, a decrease from the prior year, primarily due to higher interest expense.
  • The company raised its full-year 2025 guidance, with expected revenue now between $2.13 billion and $2.16 billion and Adjusted EBITDA in the range of $420 million to $430 million.
  • Concentra completed the acquisition of Pivot Onsite Innovations on June 1, 2025, for $54.4 million, expanding its network to over 1,000 total locations including 406 onsite health clinics.
  • A cash dividend of $0.0625 per share was declared on August 6, 2025, payable on August 28, 2025.
Aug 7, 2025, 12:00 AM
Concentra Closes Acquisition of Pivot Onsite Innovations
CON
M&A
  • Acquisition Completed: Concentra Group Holdings Parent, Inc. finalized the acquisition of Pivot Onsite Innovations for $55 million, financed with cash on hand and available borrowing capacity.
  • Strategic Expansion: The deal doubles the size of Concentra’s Onsite Health segment, expanding its network to approximately 350 clinics across over 40 states.
Jun 2, 2025, 12:00 AM
Concentra Releases Q1 2025 Results
CON
Earnings
Guidance Update
M&A
  • Robust Q1 performance with revenue up 7.1% YoY and Adj. EBITDA increased by 6.8% YoY, driven by strategic acquisitions (Nova, PHC) and de novo openings.
  • FY 2025 guidance raised to $2.1bn–$2.15bn in revenue and $415mm–$430mm in Adj. EBITDA, with a maintained quarterly dividend of $0.0625 per share.
  • Ongoing focus on de-leveraging with targets of approximately 3.5x net leverage by year-end and 3.0x in the next 18–24 months.
May 8, 2025, 1:00 PM
Concentra Announces Acquisition Agreement for Pivot Onsite Innovations
CON
M&A
  • Concentra Group Holdings Parent, Inc. signed a definitive agreement to acquire Pivot Onsite Innovations as part of its strategic expansion in the occupational health space.
  • The acquisition will bring a network of over 200 onsite health clinics across more than 40 states, effectively doubling the size of Concentra’s growing Onsite Health operating segment.
  • The transaction is valued at approximately $55 million and is expected to close in the second quarter of 2025, with funding to be sourced from cash on hand and available borrowing capacity.
Apr 21, 2025, 12:00 AM

Recent SEC filings and earnings call transcripts for CON.

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