BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Surgery Partners Inc. (SGRY) on Tuesday reported a loss of $35.9 million in its first quarter.
The Brentwood, Tennessee-based company said it had a loss of 28 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 3 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.
The surgical facilities operator posted revenue of $810.9 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $798.8 million.
Surgery Partners expects full-year revenue in the range of $3.35 billion to $3.45 billion.
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