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Tenet Healthcare Corp. (THC) announced a profit for its second quarter that climbed from the same period last year.


RTTNews | Aug 3, 2020 04:34PM EDT

16:34 Monday, August 3, 2020 (RTTNews.com) - Tenet Healthcare Corp. (THC) announced a profit for its second quarter that climbed from the same period last year.

The company's profit came in at $88 million, or $0.83 per share. This compares with $26 million, or $0.25 per share, in last year's second quarter.

Excluding items, Tenet Healthcare Corp. reported adjusted earnings of $133 million or $1.26 per share for the period.

The company's revenue for the quarter fell 20.0% to $3.65 billion from $4.56 billion last year.

Tenet Healthcare Corp. earnings at a glance:

-Earnings (Q2): $133 Mln. vs. $68 Mln. last year.-EPS (Q2): $1.26 vs. $0.65 last year.-Revenue (Q2): $3.65 Bln vs. $4.56 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3117512/tenet-healthcare-corp-q2-adjusted-earnings-of-1-26-per-share.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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