The behavioral health provider reported $0.38 non-GAAP EPS and $865.8M revenue, exceeding analyst expectations.
Acadia Healthcare posted second-quarter non-GAAP earnings per share of $0.38, beating estimates by $0.03, as revenue reached $865.8M, $21.58M above forecasts. The results reflect a 0.4% year-over-year decline in total revenue but flat same-facility revenue.
Patient days rose 0.8% compared to the same period last year, offsetting a slight dip in revenue per patient day. The company’s performance contrasts with broader sector trends, where volume growth has been uneven amid labor and operational challenges.
Shares showed muted movement in after-hours trading, with investors awaiting further guidance on cost controls and expansion plans.