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National Healthcare Non-GAAP EPS of $0.79, revenue of $269.56M

May 05, 2023 6:41 AM ETNational HealthCare Corporation (NHC) StockBy: Deepa Sarvaiya, SA News Editor
  • National Healthcare press release (NYSE:NHC): Q1 Non-GAAP EPS of $0.79.
  • Revenue of $269.56M (-3.4% Y/Y).
  • The decrease in net operating revenues during the first quarter of 2023 was primarily driven by the reduction in government stimulus income of $10.6 million compared to the first quarter a year ago, as well as us exiting seven skilled nursing facilities in Massachusetts and New Hampshire during the third quarter of 2022.

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