Business
Acadia Healthcare Reports First Quarter 2025 Results
Affirms Full Year 2025 Guidance FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (“Acadia” or the “Company”) (NASDAQ: ACHC) today announced
About this update from Acadia Healthcare Company, Inc.
[{"type":"text","content":"\nAffirms Full Year 2025 Guidance\n\n FRANKLIN, Tenn.--(BUSINESS WIRE)--\nAcadia Healthcare Company, Inc. (“Acadia” or the “Company”) (NASDAQ: ACHC) today announced financial results for the first quarter ended March 31, 2025.\n\nFirst Quarter 2025 Highlights\n\n\nRevenue totaled $770.5 million, compared with $768.1 million for the first quarter of 2024\n\n\nSame facility revenue increased 2.1% compared with the first quarter of 2024, including an increase in patient days of 2.2%\n\n\nSame facility revenue and patient day growth both included an unfavorable year-over-year impact from the leap year of approximately 1.1%\n\n\nNet income attributable to Acadia totaled $8.4 million, or $0.09 per diluted share\n\n\nAdjusted income attributable to Acadia totaled $36.9 million, or $0.40 per diluted share.\n\n\nAdjusted EBITDA totaled $134.2 million, including a previously disclosed $5 million year-over-year impact related to the decision to close one facility during the first quarter\n\n\nContinued progress on the execution of the Company’s growth strategy, with the addition of 378 newly licensed beds during the first quarter, including 90 beds to existing facilities and 288 beds from newly constructed facilities.\n\n\nAdjusted income attributable to Acadia and Adjusted EBITDA are non-GAAP financial measures. A reconciliation of all non-GAAP financial measures in this press release begins on page 9.\n\nFirst Quarter Results\nChris Hunter, Chief Executive Officer of Acadia, remarked, “We are pleased to deliver first quarter results for both revenue and Adjusted EBITDA in line with our respective outlook ranges, with Adjusted EBITDA coming in at the high end of our expectations for the quarter. This year is setting up to be the largest bed expansion year in Acadia’s history, building upon our record-breaking bed additions in 2024. We are well-positioned to continue expanding access and providing specialized care and treatment to an underserved patient population with complex needs. With our patient-centric approach and strong focus on clinical quality, Acadia is committed to expanding access to care and treatment to all those requiring help. We are proud of the extraordinary work of our dedicated team of employees and clinicians who are meeting this need every day by providing safe, quality patient care for those seeking treatment for me...