Concentra Group Holdings Parent (CON) Q3 FY2023 earnings: revenue $474 million

Concentra Group Holdings Parent, Inc. (CON) reported revenue of $474 million for Q3 FY2023, the quarter ended 30 September 2023. Net income was $53 million, and diluted earnings per share $0.51. The figures are the company's own, from the 10-Q it filed with the SEC on 6 November 2024.

Revenue$474 million

Net income$53 million

Diluted EPS$0.51

QuarterQ3 FY2023ended 30 September 2023

The quarter, against the one before and a year earlier

Line	Q3 FY2023	Q2 FY2023	A year earlier	Change on the year
Revenue	474	467	n/a	n/a
Cost of revenue	337	330	n/a	n/a
Gross profit	137	137	n/a	n/a
Gross margin	28.9%	29.4%	n/a
Operating income	80.9	82.1	n/a	n/a
Operating margin	17.1%	17.6%	n/a
Pre-tax income	69.6	70.6	n/a	n/a
Income tax	15.2	16.6	n/a	n/a
Effective tax rate	21.8%	23.5%	n/a
Net income	53.1	52.7	n/a	n/a
Net margin	11.2%	11.3%	n/a
Diluted EPS	$0.51	$0.51	n/a	n/a

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

Line	Q3 FY2023	Q2 FY2023	A year earlier	Change on the year
Operating cash flow	58.6	n/a	n/a	n/a
Capital expenditure	15.5	n/a	n/a	n/a
Free cash flow	43.1	n/a	n/a	n/a
Free cash flow margin	9.1%	n/a	n/a
Cash from investing	-15.5	n/a	n/a	n/a
Cash from financing	-52.7	n/a	n/a	n/a
Depreciation and amortisation	18.0	18.3	n/a	n/a
Share-based compensation	0.0	n/a	n/a	n/a
Diluted shares, weighted	104m	104m	n/a	n/a
Shares outstanding at period end	127m	127m	n/a	n/a

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

Line	Q3 FY2023	Q2 FY2023	A year earlier	Change on the year
Redeemable equity	17.0	16.9	n/a	n/a
Cash and equivalents	23.7	33.2	n/a	n/a

Questions

What was Concentra Group Holdings Parent's revenue in Q3 FY2023?

Concentra Group Holdings Parent (CON) reported revenue of $474 million for Q3 FY2023, the quarter ended 30 September 2023.

How much did Concentra Group Holdings Parent earn in Q3 FY2023?

Net income for Q3 FY2023 was $53 million, and diluted earnings per share $0.51.

When did Concentra Group Holdings Parent report Q3 FY2023 results?

Concentra Group Holdings Parent filed its 10-Q for the quarter ended 30 September 2023 with the SEC on 6 November 2024.

Quarterly results, the last 12 quarters

	Q2 FY2023	Q3 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026 †	Q2 FY2026
Revenue	467	474	468	478	490	465	501	551	573	539	570	606
Cost of revenue	330	337	337	339	351	345	357	389	406	398	399	414
Gross profit	137	137	131	139	139	120	144	161	167	141	170	192
Gross margin	29%	29%	28%	29%	28%	26%	29%	29%	29%	26%	30%	32%
Operating income	82.1	80.9	75.5	83.9	86.2	59.1	80.3	89.5	94.5	69.7	95.6	115
Operating margin	18%	17%	16%	18%	18%	13%	16%	16%	16%	13%	17%	19%
Interest expense	n/a	n/a	0.1	n/a	n/a	n/a	25.5	n/a	n/a	n/a	26.0	n/a
Pre-tax income	70.6	69.6	65.4	71.2	62.2	32.6	53.9	61.3	65.8	42.8	69.6	89.3
Tax rate	23%	22%	23%	25%	26%	30%	25%	25%	24%	15%	25%	25%
Net income	52.7	53.1	49.0	51.7	44.3	21.5	38.9	44.6	48.3	34.7	50.5	65.3
Net margin	11%	11%	10%	11%	9%	5%	8%	8%	8%	6%	9%	11%
Diluted EPS	$0.51	$0.51	$0.47	$0.50	$0.37	$0.17	$0.30	$0.35	$0.38	$0.27	$0.39	$0.51
Operating cash flow	n/a	58.6	44.6	70.4	65.9	93.7	11.7	88.4	60.6	119	21.0	135
Capital expenditure	n/a	15.5	17.2	15.3	15.1	16.7	15.7	25.2	21.2	20.2	11.1	15.7
Free cash flow	n/a	43.1	27.4	55.2	50.8	77.0	-4.0	63.2	39.4	98.5	9.9	120
Dividends paid	n/a	n/a	n/a	n/a	0.0	n/a	0.0	16.0	8.0	8.0	8.0	8.0
Shares outstanding	127m	127m	128m	104m	127m	128m	128m	128m	128m	129m	128m	128m
Filing	10-Q	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Source

10-Q for the period ended 30 September 2023, filed 6 November 2024, accession 0001628280-24-045543: the filing on EDGAR. All of Concentra Group Holdings Parent, Inc.'s filings: EDGAR company page.

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