Concentra Group Holdings Parent Inc., the largest provider of occupational health services in the United States, announced its financial results for the second quarter ended June 30, 2025. The company reported a 10.1% increase in Adjusted EBITDA, reaching $217.7 million compared to $197.7 million for the same period in the prior year. The company also provided an updated business outlook for 2025, raising its financial guidance. Concentra now expects revenue to be in the range of $2.13 billion to $2.16 billion and Adjusted EBITDA to be between $420 million and $430 million. The capital expenditures forecast remains unchanged at $80 million to $90 million, with a targeted net leverage ratio of approximately 3.5x. Concentra's balance sheet, as of June 30, 2025, showed cash holdings of $73.9 million, total debt amounting to $1,665.9 million, and total assets valued at $2,841.6 million. The net leverage ratio stood at 3.8x, in compliance with the financial covenant under the company's credit agreement. In addition to financial performance, Concentra declared a cash dividend and highlighted growth across several key measures, including patient visits, rates, and revenue. The company remains focused on executing its strategy to maintain momentum in its operations.
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