NYSE$ATIP

ATI Physical Therapy Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

ATIP Q1 2024 — $165K revenue

IT systems or our third-party vendors’ IT systems may subject us to potential legal action and reputational harm and may result in a violation of the Health Insurance Portability and Accountability Ac. ATI Physical Therapy Inc reported Q1 2024 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $165K.
  • Filed on Form 10-Q (accession 0001815849-24-000036).

Headline financials

Total Revenue

$181M

Previous: $167M+8.7%
EPS (adj)

-$4.61

Previous: -$7.50+38.5%
Capital Expenditures

-$2.67M

Previous: $5.43M-149.2%
Free Cash Flow

-$41.7M

Previous: -$19.7M-112.3%
Net Income

-$19.3M

Previous: -$25.2M+23.6%
Operating Income

-$4.3M

Previous: -$11.7M+63.3%
Gross Profit

$24.2M

Previous: $23.4M+3.4%
Stock-Based Comp

$2.27M

Previous: $1.45M+56.0%

Revenue & EPS history

ATI · Revenue · Quarterly

$181M

Q1 2024+8.7%vs Q1 2023
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Revenue by segment

ATI · $177M total across 2 segments · Q3 2023

  • Net Patient Revenue
    $162M+14.0%
  • Other Revenue
    $15.2M+5.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-1.1%

Avg return

Earnings day

-4.5%

Avg return

5 days after

-13.0%

Avg return

30 days after

50%

9 / 18 earnings

Positive

+50.0%

Q4 2022

Best reaction

-43.8%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+4.5%+0.0%-5.6%
Q3 2024-43.8%-53.5%-81.8%
Q2 2024-7.3%-4.9%-8.6%
Q1 2024+1.1%-13.0%-27.9%
Q4 2023+7.9%+2.8%-13.0%
Q3 2023+4.7%-4.5%-9.5%
Q2 2023+2.0%+15.5%+20.1%
Q1 2023-0.3%-2.3%+1.9%
Q4 2022+50.0%+36.0%+8.8%
Q3 2022-37.2%-37.4%-73.4%
Q2 2022-7.1%-15.2%-5.4%
Q1 2022+2.7%-2.1%-10.6%
Q4 2021-9.2%-8.2%-4.6%
Q4 2019-9.2%-8.2%-4.6%
Q3 2021+27.6%+29.5%+19.2%
Q2 2021-6.3%-6.6%-12.4%
Q1 2021+0.1%
Q4 2020-0.5%
Q2 2020
Q1 2020

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro