PACS Group, Inc. Reports First Quarter 2024 Results

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”), which together with its subsidiaries is one of the largest post-acute healthcare companies in the United States, announced operating results for the first quarter of 2024, reporting net income of $49.1 million, Adjusted EBITDA of $88.5 million and Adjusted EBITDAR of $152.5 million. Highlights: GAAP earnings per share for the quarter was $0.38, an increase of 31.0% over the prior year quarter. GAAP net i