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Universal Health Services, Inc. Reports 2019 First Quarter Financial Results

Ana Vaughn by Ana Vaughn
August 30, 2023
in Care Services
0

KING OF PRUSSIA, Pa., April 25, 2019,/PRNewswire/ — Universal Health Services, Inc. (NYSE: UHS) introduced today that its pronounced net profits because of UHS became $234.2 million, or $2.Fifty-seven, consistent with diluted share, at some point in the primary quarter of 2019 compared to $223.8 million, or $2.36 in keeping with diluted proportion, all through the comparable area of 2018. Net sales improved by four. Three to $2.804 billion at some point in the first quarter of 2019 compared to $2.688 billion in the first zone of 2018.

Universal Health Services, Inc. Reports 2019 First Quarter Financial Results 1

For the 3-month length ended March 31, 2019, our adjusted internet income attributable to UHS, as calculated on the connected Schedule of Non-GAAP Supplemental Information (“Supplemental Schedule”), turned into $223.Three million, or $2.45, in keeping with diluted proportion, compared to $232.1 million, or $2.45, in keeping with dirty balance, for the duration of the primary zone 2018.

Included in our pronounced and adjusted internet income as a consequence of UHS throughout the primary quarter of 2019 is a pre-tax unrealized loss of $4.Three million, or $.03 in step with diluted proportion (blanketed in “Other (profits) cost, net”), attributable to a decrease in the market price of stocks of positive marketable securities held for funding and categorized as to be had on the market.

As meditated in the Supplemental Schedule, blanketed in our said outcomes in the course of the first area of 2019, is an extraordinary after-tax impact of $10.9 million, or $.12 in keeping with diluted share, due to our adoption of ASU 2016-09, “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”).

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Ana Vaughn

Ana Vaughn

Zombie buff. Extreme travel aficionado. Creator. Subtly charming twitter nerd. Introvert.Spent several years exporting country music in Naples, FL. Spent a weekend building squirt guns in Mexico. Developed several new methods for managing jungle gyms on the black market. Spent the 80's investing in Slinkies in the aftermarket. At the moment I'm researching Roombas for the government. A real dynamo when it comes to promoting etch-a-sketches on the black market.

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