Surgery Partners Q1 Swings to Adjusted Net Loss, Revenue Rises; Full-Year 2026 Revenue Guidance Reaffirmed

MT Newswires Live05-05

Surgery Partners (SGRY) reported a Q1 adjusted net loss Tuesday of $0.03 per diluted share, swinging from adjusted net income of $0.04 a year earlier.

Analysts polled by FactSet expected loss of $0.12.

Revenue for the quarter ended March 31 was $810.9 million, up from $776 million a year earlier.

Analysts expected revenue of $797.7 million.

The company reaffirmed its full-year 2026 revenue guidance of $3.35 billion to $3.45 billion. Analysts expect revenue of $3.41 billion.

As of March 31, Surgery Partners said it had $182.3 million in cash and cash equivalents on hand.

The company's shares were up 2.7% in premarket activity on Tuesday.

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