Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

HCA Healthcare logoHCA Healthcare HCA

The company said revenues for Q1 2024 totaled $17.339 billion (Q1 2023 $15.591 billion), and net income attributable to HCA Healthcare, Inc. totaled $1.591 billion ($5.93 per diluted share).

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenues for Q1 2024 totaled $17.339 billion (Q1 2023 $15.591 billion), and net income attributable to HCA Healthcare, Inc. totaled $1.591 billion ($5.93 per diluted share).

  2. HCA said Adjusted EBITDA for Q1 totaled $3.353 billion (compared with $3.172 billion a year earlier), and its results for Q1 included gains on sales of facilities of $201 million ($0.57 per share).

  3. Hospital operator HCA said cash flows from operating activities for Q1 totaled $2.469 billion (compared with $1.803 billion a year earlier), that it repurchased 3.894 million shares of common stock at a cost of $1.180 billion, and that it had $5.595 billion remaining under its repurchase authorization as of March 31.

  4. The company declared a quarterly cash dividend of $0.66 per share, reaffirmed its 2024 full-year guidance ranges issued on January 30, and said its full-year revenue outlook is $67,750 million to $70,250 million.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

HCA Healthcare Reports Q1 2024 Revenues and Net Income

The company said revenues for Q1 2024 totaled $17.339 billion (Q1 2023 $15.591 billion), and net income attributable to HCA Healthcare, Inc. totaled $1.591 billion ($5.93 per diluted share).

Source · Based on the filing body and exhibits

Adjusted EBITDA and Gains on Facility Sales

HCA said Adjusted EBITDA for Q1 totaled $3.353 billion (compared with $3.172 billion a year earlier), and its results for Q1 included gains on sales of facilities of $201 million ($0.57 per share).

Source · Based on the filing body and exhibits

Operating Cash Flow and Share Repurchases

Hospital operator HCA said cash flows from operating activities for Q1 totaled $2.469 billion (compared with $1.803 billion a year earlier), that it repurchased 3.894 million shares of common stock at a cost of $1.180 billion, and that it had $5.595 billion remaining under its repurchase authorization as of March 31.

Source · Based on the filing body and exhibits

Dividend Declaration and 2024 Full-Year Outlook

The company declared a quarterly cash dividend of $0.66 per share, reaffirmed its 2024 full-year guidance ranges issued on January 30, and said its full-year revenue outlook is $67,750 million to $70,250 million.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.