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BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Surgery Partners Inc. (SGRY) on Monday reported a loss of $24.9 million in its first quarter.
The Brentwood, Tennessee-based company said it had a loss of 20 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 8 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The surgical facilities operator posted revenue of $666.2 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $644.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a SGRY">Zacks stock report on SGRY at https://www.zacks.com/ap/SGRY