Pennant

AREX Capital Management Issues Letter to Enhabit Stockholders Regarding the Need for Dramatic Changes to Board Composition

Retrieved on: 
Mercoledì, Maggio 29, 2024
Slate, ABA, Medicare, Optum, Panic, CFO, UnitedHealth Group, HCA, Investment, Audit, Senior, Pennant, Concurrency, Caesars Entertainment, Outline, Hospital, Humana, Disclosure, FFS, Letter, HCA Healthcare, Sale, Face, Hospice, LP, CMS, System, Marriage, Interim, Rehabilitation, Failure, Patient, Acceleration, Health, Palliative care, LHC, AREX, Annual report, Growth, Speech, Acquisition, Root cause analysis, Elevance Health, BKD, Knowledge, History, Transformation

We are disappointed that the Board has chosen to continue its pattern of deflecting the valid and serious concerns of its stockholders.

Key Points: 
  • We are disappointed that the Board has chosen to continue its pattern of deflecting the valid and serious concerns of its stockholders.
  • This dearth of specialized knowledge was exacerbated by a Board that was similarly devoid of relevant operating expertise.
  • While the Board possessed generally solid résumés, it lacked the industry-specific familiarity to guide a novice management team through industry-specific challenges.
  • The AREX Slate has a deep understanding of managing payor relationships, and it has a comprehensive grasp of capital markets.

Pennant Reports First Quarter 2024 Results

Retrieved on: 
Lunedì, Maggio 6, 2024
Total, Senior living, Pennant, Webcast, Growth, Medicare, Hospice, Adjustment, GAAP, Video game

EAGLE, Idaho, May 06, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the first quarter of 2024, reporting GAAP diluted earnings per share of $0.16 for the first quarter of 2024.

Key Points: 
  • EAGLE, Idaho, May 06, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the first quarter of 2024, reporting GAAP diluted earnings per share of $0.16 for the first quarter of 2024.
  • Pennant also reported adjusted diluted earnings per share of $0.20 for the quarter (1).
  • (2) Same store senior living results is defined as all senior living communities excluding affiliate memory care units in transition, and new senior living operations acquired in 2023 or 2024.
  • A live webcast will be held tomorrow, May 7, 2024 at 10:00 a.m. Mountain time (12:00 p.m. Eastern time) to discuss Pennant’s first quarter 2024 financial results.

Pennant Announces First Quarter 2024 Earnings Release and Call

Retrieved on: 
Martedì, Aprile 23, 2024
Webcast, Pennant

EAGLE, Idaho, April 23, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its first quarter 2024 financial results on Monday, May 6, 2024.

Key Points: 
  • EAGLE, Idaho, April 23, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its first quarter 2024 financial results on Monday, May 6, 2024.
  • Pennant invites current and prospective investors to tune into a live webcast to be held the following day, Tuesday, May 7, 2024, at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time), during which Pennant’s management will discuss its first quarter results.
  • To listen to the webcast, or to view any financial or other statistical information required by SEC Regulation G, please visit the Investor Relations section of our website at http://investor.pennantgroup.com.
  • The webcast will be recorded, and will be available for replay via the website until 5:00 p.m. Mountain Time on May 6, 2025.

Pennant Group to Participate in the 2024 Oppenheimer Healthcare MedTech & Services Conference

Retrieved on: 
Martedì, Marzo 12, 2024
Medtech, Conference, Pennant

EAGLE, Idaho, March 12, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced today that it will participate in the upcoming 2024 Oppenheimer Healthcare MedTech & Services Conference on March 13, 2024.

Key Points: 
  • EAGLE, Idaho, March 12, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced today that it will participate in the upcoming 2024 Oppenheimer Healthcare MedTech & Services Conference on March 13, 2024.
  • Lynette Walbom, Chief Financial Officer, and John Gochnour, President and Chief Operating Officer, will participate in a fireside chat that day at 10:00 a.m. Eastern Time.
  • A live webcast of the event will be accessible on the Investor Relations section of Pennant’s website at http://investor.pennantgroup.com .

Pennant Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Mercoledì, Febbraio 28, 2024
Acquisition, Hospice, Senior living, Total, Management, Growth, Adjustment, GAAP, Medicare, Webcast, Pennant, Hand, Video game

“We are pleased with our strong finish to 2023 and continued momentum as we enter 2024,” said Brent Guerisoli, Pennant’s Chief Executive Officer. “By executing on our five key focus areas--leadership development, clinical excellence, employee engagement, margin improvement, and growth--we made steady gains throughout 2023 and solidly delivered on earnings expectations, even after increasing guidance during the year. With a talented group of leaders and teams in operations throughout our footprint and compelling growth opportunities available to us, we are excited to accelerate our performance in 2024.”

Key Points: 
  • EAGLE, Idaho, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the fiscal year and fourth quarter of 2023, reporting GAAP diluted earnings per share of $0.44 and $0.14 for the year ended December 31, 2023 and the fourth quarter, respectively.
  • Pennant also reported adjusted diluted earnings per share of $0.73 for the year and $0.22 for the quarter (1).
  • “We are pleased with our strong finish to 2023 and continued momentum as we enter 2024,” said Brent Guerisoli, Pennant’s Chief Executive Officer.
  • This updated guidance reflects management’s expectations based on 2023 performance and current operating conditions.”
    A live webcast will be held tomorrow, February 29, 2024 at 10:00 a.m. Mountain time (12:00 p.m. Eastern time) to discuss Pennant’s fourth quarter 2023 financial results.

Hazleton Bakery to Drive Future Growth for Aspire Bakeries

Retrieved on: 
Giovedì, Febbraio 22, 2024
La Brea Bakery, Aspire, Pennant, AA, Creativity, Stock, Baking

HAZLETON, Pa., Feb. 22, 2024 /PRNewswire/ -- With today's ribbon-cutting ceremony for its remodeled bakery and new line, Aspire Bakeries continues its growth—both in the region and nationally—by bringing expanded production of Pennant Puff Pastry to Hazleton. Approximately a dozen SKUs of the popular "French puff pastry in the green box," which chefs and foodservice operators have enjoyed since 1938, will be manufactured in the community.

Key Points: 
  • HAZLETON, Pa., Feb. 22, 2024 /PRNewswire/ -- With today's ribbon-cutting ceremony for its remodeled bakery and new line, Aspire Bakeries continues its growth—both in the region and nationally—by bringing expanded production of Pennant Puff Pastry to Hazleton.
  • The Hazleton bakery opened in 1992 and Aspire Bakeries employees' pride and commitment to workplace safety and sustainability have consistently been on display.
  • The 113,000 square foot Hazleton bakery was one of Aspire Bakeries' first locations to convert to all LED lights and has achieved a 97% waste diversion rate.
  • This bakery expansion continues Aspire Bakeries' growth trajectory since becoming an independently owned business in 2021.

Pennant Announces Fourth Quarter and Year-End 2023 Earnings Release and Call

Retrieved on: 
Mercoledì, Febbraio 14, 2024
Pennant, Webcast, Rare-earth element

EAGLE, Idaho, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its fourth quarter and fiscal year 2023 financial results on Wednesday, February 28, 2024.

Key Points: 
  • EAGLE, Idaho, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its fourth quarter and fiscal year 2023 financial results on Wednesday, February 28, 2024.
  • Pennant invites current and prospective investors to tune into a live webcast to be held the following day, Thursday, February 29, at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time), during which Pennant’s management will discuss its fourth quarter and fiscal year 2023 results.
  • To listen to the webcast, or to view any financial or other statistical information required by SEC Regulation G, please visit the Investor Relations section of our website at http://investor.pennantgroup.com.
  • The webcast will be recorded, and will be available for replay via the website until 5:00 p.m. Mountain Time on February 29, 2024.

New IBM LinuxONE 4 Express to Offer Cost Savings and Client Value through a Cyber Resilient Hybrid Cloud and AI Platform

Retrieved on: 
Martedì, Febbraio 6, 2024
Spiking, IBM, IBM Z, OpenShift, Product management, Linux on IBM Z, Express, DNA sequencing, Pressure, Practice, Support group, SBM, Ecosystem, University College London, AI, Research, GDPS, University, Digital, IBM Parallel Sysplex, Pennant, Exponential, Linux, Data analysis, Roger Hawkins (drummer), DS8000, Student, Tres, Workload, Humanities, Organization

Newest IBM LinuxONE system is engineered to deliver cybersecurity, resiliency, scalability and AI inferencing for hybrid cloud environments.

Key Points: 
  • Newest IBM LinuxONE system is engineered to deliver cybersecurity, resiliency, scalability and AI inferencing for hybrid cloud environments.
  • IBM Secure Execution for Linux is a hardware-based security technology that is now built into IBM LinuxONE 4 Express.
  • IBM Business Partners can learn more about the skills required to install, deploy, service and resell IBM LinuxONE 4 Express here .
  • The new IBM LinuxONE 4 Express, starting at $135,0005, will be generally available6 from IBM and certified business partners on February 20, 2024.

UGI Reports Fiscal 2023 Results

Retrieved on: 
Giovedì, Novembre 16, 2023
Other Energy, Utilities, Oil, Gas, Other Manufacturing, Alternative Energy, Energy, Engineering, Manufacturing, Sale, Webcast, Interest, NYSE, Public utility, UGI Corporation, Pennant, Weather, Internet, EPS, Midstream, LPG, GAAP, Natural gas, RNG, John Allen Farm Massacre, UGI, 139th, Property management, Renewable energy

UGI Corporation (NYSE: UGI) reported financial results for the fiscal year ended September 30, 2023 and provided guidance for fiscal year 2024.

Key Points: 
  • UGI Corporation (NYSE: UGI) reported financial results for the fiscal year ended September 30, 2023 and provided guidance for fiscal year 2024.
  • In October 2023, the Company also completed the sale of substantially all of the energy marketing portfolio in France.
  • UGI provides an adjusted EPS guidance range of $2.70 - $3.002 per diluted share for the fiscal year ending September 30, 2024.
  • UGI Corporation will hold a live Internet Audio Webcast of its conference call to discuss fiscal 2023 earnings and other current activities at 9:00 AM ET on Friday, November 17, 2023.

Pennant Reports Third Quarter 2023 Results

Retrieved on: 
Martedì, Novembre 7, 2023
Loss, Pennant, Medicare, EBITDA, GAAP, Acquisition, Webcast, Hand, Total, Senior living, Hospice, EBITDAR, Video game, Ensign, EAGLE

EAGLE, Idaho, Nov. 07, 2023 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the third quarter of 2023, reporting GAAP diluted earnings per share of $0.15 and adjusted diluted earnings per share of $0.20 for the quarter (1).

Key Points: 
  • EAGLE, Idaho, Nov. 07, 2023 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the third quarter of 2023, reporting GAAP diluted earnings per share of $0.15 and adjusted diluted earnings per share of $0.20 for the quarter (1).
  • “We are pleased to report continued positive momentum in the third quarter,” said Brent Guerisoli, Pennant’s Chief Executive Officer.
  • This updated guidance reflects management’s expectations based on solid performance through the third quarter.”
    2024 guidance will be provided in the Company’s fourth quarter and year-end 2023 earnings release.
  • A live webcast will be held tomorrow, November 8, 2023 at 10:00 a.m. Mountain time (12:00 p.m. Eastern time) to discuss Pennant’s third quarter 2023 financial results.