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Surgery Partners Inc (SGRY.OQ)

SGRY.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Surgery Partners Inc reports Q3 loss per share $0.66
Wednesday, 8 Nov 2017 05:25pm EST 

Nov 8 (Reuters) - Surgery Partners Inc ::Surgery Partners Inc announces third quarter 2017 results.Q3 revenue $306.3 million versus I/B/E/S view $309.1 million.Q3 same store sales rose 2.9 percent.Q3 loss per share $0.66.Sees FY 2017 revenue $1.3 billion to $1.33 billion.Q3 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.32 billion -- Thomson Reuters I/B/E/S.  Full Article

Surgery Partners reports Q3 same store sales rose 2.9 pct
Tuesday, 31 Oct 2017 05:13pm EDT 

Oct 31 (Reuters) - Surgery Partners Inc :Surgery Partners Inc provides update on 2017 third quarter results.Sees Q3 2017 revenue about $306.3 million.Q3 same store sales rose 2.9 percent.Surgery Partners Inc - ‍during Q3, experienced lower than expected revenue, incurred certain expenses related to hurricanes Harvey, Irma​.Q3 revenue view $302.9 million -- Thomson Reuters I/B/E/S.Surgery Partners Inc - ‍loss before income taxes for Q3 is expected to be approximately $21.9 million, compared to income of $12.6 million in q3 of 2016​.Surgery Partners Inc - ‍all hurricane affected facilities are currently open and company's operations have returned to normal.Surgery Partners Inc - ‍anticipates residual impact from hurricanes on Q4 2017 results​.Surgery Partners Inc - in h2 2017, expects total impact from hurricanes to be about $7.0 million to $9.0 million decrease in expected revenue​.Surgery Partners Inc - ‍revenue is now expected in range of $1.30 billion to $1.33 billion for fy 2017 ​.Fy2017 revenue view $1.33 billion -- Thomson Reuters I/B/E/S.Surgery Partners Inc - in h2 2017, expects total impact from hurricanes to be about $4.0 million to $6.0 million in adjusted EBITDA reduction​.Surgery Partners Inc - sees ‍ adjusted EBITDA in range of $178 million to $185 million for fy 2017​.  Full Article

Surgery Partners announces appointment of Clifford Adlerz as interim CEO
Thursday, 7 Sep 2017 09:00am EDT 

Sept 7 (Reuters) - Surgery Partners Inc :Surgery partners announces appointment of Clifford Adlerz as interim chief executive officer.Surgery Partners Inc - ‍Adlerz succeeds Michael Doyle​.Surgery Partners Inc says ‍Clifford Adlerz succeeds Michael Doyle, who is stepping down from his role​.Surgery Partners Inc says ‍board of directors has launched a search for a permanent chief executive officer​.Surgery Partners Inc says ‍as part of appointment, Clifford Adlerz will join company's board​.  Full Article

Surgery Partners Q2 loss per share $0.09
Tuesday, 8 Aug 2017 04:05pm EDT 

Aug 8 (Reuters) - Surgery Partners Inc :Surgery Partners Inc announces second quarter 2017 results.Q2 revenue $288.4 million versus I/B/E/S view $314.2 million.Q2 same store sales rose 2 percent.Q2 loss per share $0.09.Q2 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.Surgery Partners Inc says now anticipates revenue in range of $1.18 billion to $1.20 billion in 2017.Sees adjusted EBITDA in range of $174.0 million to $181.0 million for full year 2017.FY2017 earnings per share view $0.65, revenue view $1.24 billion -- Thomson Reuters I/B/E/S.  Full Article

Surgery Partners says on July 7, parties thereto entered into a letter amendment to merger agreement with NSH - SEC Filing
Tuesday, 11 Jul 2017 04:45pm EDT 

July 11 (Reuters) - Surgery Partners Inc :Surgery Partners Inc - On July 7, 2017, parties thereto entered into a letter amendment to merger agreement with NSH - SEC Filing.Surgery Partners - Under merger agreement amendment, parties agreed cash spent by NSH after signing of original agreement have been or are approved by co.Surgery Partners - Expenses have been or are approved by company shall be included as positive number in adjustment to enterprise value for cash of NSH.Surgery Partners Inc - Current assets and current liabilities shall be excluded from calculations of current assets and current liabilities of NSH.  Full Article

Surgery Partners announces pricing of $370 mln senior note offering
Monday, 19 Jun 2017 07:46pm EDT 

June 19 (Reuters) - Surgery Partners Inc -:Surgery Partners Inc announces pricing of $370 million senior note offering.Surgery Partners- intends to use net proceeds from offering to partially finance acquisition of national Surgical Hospitals, Inc.Surgery Partners Inc says co's unit sp finco, llc priced $370 million aggregate principal amount of 6.750% senior unsecured notes due 2025.Surgery Partners Inc - intends to use net proceeds from this offering to refinance its existing credit facilities, repay certain debt of nsh.  Full Article

H.I.G. Capital announces sale of equity stake in Surgery Partners
Monday, 15 May 2017 03:24pm EDT 

May 15 (Reuters) - H.I.G. Capital :Entered into an agreement to sell its existing stake in Surgery Partners Inc to Bain Capital private equity.Funding for transaction will be provided in part by Bain Capital Private Equity.Surgery partners will acquire NSH from Irving Place Capital for approximately $760 million.Surgery Partners and National Surgical Healthcare entered into a definitive merger agreement.  Full Article

Upon termination of merger agreement, Surgery Partners will be required to pay to NSH a termination fee of $45.6 mln
Thursday, 11 May 2017 09:40am EDT 

May 11 (Reuters) - Surgery Partners Inc :Upon termination of merger agreement, Co will be required to pay to NSH a termination fee of $45.6 million.  Full Article

Surgery Partners to acquire National Surgical Healthcare for about $760 mln
Wednesday, 10 May 2017 12:32am EDT 

May 10 (Reuters) - Surgery Partners Inc :Surgery partners to acquire national surgical healthcare from Irving place capital.Entered into a definitive merger agreement under which surgery partners will acquire NSH from Irving Place Capital for approximately $760 million.Transaction is expected to close during 2017.Surgery says in conjunction with this transaction, Bain capital private equity will acquire H.I.G. Capital's existing equity stake in surgery partners..Expect this transaction to be accretive in 2018.Combined company will operate facilities in 32 states with a network of over 5,000 physicians.Funding for acquisition of NSH to be provided in part by bain capital private equity.  Full Article

Surgery Partners Q1 same store sales rose 7.8 percent
Tuesday, 9 May 2017 04:01pm EDT 

May 9 (Reuters) - Surgery Partners Inc :Surgery Partners, Inc. announces first quarter 2017 results.Q1 revenue $286.2 million versus I/B/E/S view $292.6 million.Q1 same store sales rose 7.8 percent.Q1 loss per share $0.06.Sees FY 2017 revenue up 9 to 11 percent.Q1 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $0.66, revenue view $1.25 billion -- Thomson Reuters I/B/E/S.Surgery Partners Inc says qtrly same-facility revenue increased 7.8% over Q1 2016 to $289.6 million.Surgery Partners Inc says for 2017, company reiterates guidance provided on conference call in march of this year.  Full Article