Nucor earnings beat by $0.08, revenue fell short of estimates
HOUSTON - Nutex Health Inc. (NASDAQ:NUTX) reported first quarter earnings on Wednesday that vastly exceeded the prior year, driven largely by gains from arbitration efforts.
Nutex Health shares were up 11.17% in pre-market trading following the earnings release
The physician-led healthcare delivery company reported Q1 earnings per share of $2.56, compared to a loss of $0.08 per share in Q1 2024. Revenue surged 213.8% YoY to $211.8 million from $67.5 million.
The company said arbitration efforts through the Independent (LON:IOG) Dispute Resolution process resulted in approximately $105 million more revenue in Q1 2025 compared to Q1 2024, accounting for 73.1% of the total revenue increase.
"We are excited to provide yet another solid quarter with $14.6 million in net income, a record high gross profit of 56%, a record high $51.0 million in net cash from operating activities and a record high cash balance of $87.7 million," stated CFO Jon Bates.
Total (EPA:TTEF) visits at Nutex’s Hospital Division increased 20.5% YoY to 48,269 in Q1. The company ended the quarter with $87.7 million in cash and cash equivalents.
CEO Tom Vo noted the company is "now seeing more consistent financial results stemming from a combination of volume growth and operational efficiency, with more fair and reasonable payments from the arbitration process."
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.