The replay will be available until March 13, 2023. The Access ID for the replay call is 13735716. A replay will be available two hours after the call and can be accessed by dialing 1-87, or for international callers, 1-20. The passcode for the live call and the replay is 13735716. The conference call can be accessed live over the phone by dialing 1-84 or for international callers, 1-41. See further discussion below regarding historical Adjusted EBITDA and historical adjusted earnings per share.Īgiliti will hold a conference call to discuss its fourth quarter and full year 2022 results on Tuesday, March 7, at 5 p.m. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on its future GAAP financial results. For example, the non-GAAP adjustment for stock-based compensation expense requires additional inputs such as number of shares granted and market price that are not currently ascertainable, and the non-GAAP adjustment for certain reserves and expenses depends on the timing and magnitude of these expenses and cannot be accurately forecasted. See further discussion below.Ģ With regard to the non-GAAP Adjusted EBITDA guidance and adjusted earnings per share guidance provided above, a reconciliation to GAAP net income has not been provided as the quantification of certain items included in the calculation of GAAP net income cannot be calculated or predicted at this time without unreasonable efforts. Adjusted EBITDA 1 for the year ended Decemwas $296.6 million, a 10.3 percent decrease from Adjusted EBITDA 1 of $330.7 million for the same period of 2021.Īdjusted earnings per share of $0.65 – $0.70 per share 2Ĭapex investment expected in the range of $85 to $95 millionġ Non-GAAP Measures. Net income for the year ended Decemwas $30.2 million, a $6.2 million increase from net income of $24.0 million for the same period of 2021.Īdjusted EBITDA 1 for the three months ended Decemwas $71.4 million, a 15.9 percent decrease from Adjusted EBITDA 1 of $84.9 million for the same period of 2021. Net income for the three months ended Decemwas $3.4 million, compared to $10 million for the same period of 2021. ![]() I look forward to supporting Agiliti’s continued progress under Tom Boehning’s leadership." As I conclude my time as CEO of Agiliti, I could not be more proud of our team and of the company’s important mission in healthcare. "We enter 2023 with confidence in our near-term financial outlook and excited about our longer-term potential. "Agiliti achieved a number of important business milestones over the course of 2022, including successfully navigating our critical role during the Covid pandemic securing a long-term renewal of our federal government medical device stockpile management contract and, signing a record volume of new customer agreements," said Tom Leonard, CEO of Agiliti. ![]() Total debt of $1.10 billion Net debt 1 of $1.09 billion and, Net Leverage ratio 1 of 3.7x Net income of $30.2 million, up $6.2 million from the prior year period diluted income per share of $0.22, up $0.03 per share from the prior year periodĪdjusted EBITDA 1 of $297 million, compared to $331 million in the prior year period Adjusted Earnings Per Share 1 of $0.85, down $0.14 compared to the prior year period Revenue growth of 8 percent to $1.12 billion Net income of $3.4 million, down $6.6 million from the prior year period diluted income per share of $0.02, down $0.05 per share from the prior year periodĪdjusted EBITDA 1 of $71 million, compared to $85 million in the prior year period Adjusted Earnings Per Share 1 of $0.18, down $0.07 compared to the prior year period Revenue of $282 million, a decrease of 3 percent from the prior year’s Covid-impacted results (NYSE: AGTI) ("Agiliti"), a nationwide provider of healthcare technology management and service solutions to the United States healthcare industry, today announced its financial results for the fourth quarter and year ended December 31, 2022, and provided its financial outlook for 2023. ![]() EDEN PRAIRIE, Minn., March 07, 2023-( BUSINESS WIRE)-Agiliti Inc.
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