Agiliti, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:13 pm EST
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Agiliti, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 291.63 million compared to USD 271.19 million a year ago. Net loss was USD 12.7 million compared to net income of USD 1.95 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.
For the nine months, sales was USD 882.62 million compared to USD 839.61 million a year ago. Net loss was USD 13.71 million compared to net income of USD 26.84 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to basic earnings per share from continuing operations of USD 0.2 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to diluted earnings per share from continuing operations of USD 0.19 a year ago.
Agiliti, Inc. is an essential service provider to the United States healthcare industry. The Company offers healthcare providers a comprehensive suite of medical equipment management and service solutions. The Companyâs gateway solutions offer an entry point to the economic buyer and include peak needs equipment, surgical lasers and equipment, specialty beds and surfaces and supplemental clinical engineering services. Its vertical solutions include clinical offerings tailored to specific patient needs and clinical engineering programs for equipment categories. The Company provides comprehensive, connected solutions through onsite managed services and outsourced clinical engineering services. The Company also provides comprehensive logistics, management and clinical engineering solutions that allow IDNs to manage equipment inventories across multiple locations, and supports city, state and federal government agencies in managing and maintaining equipment stockpiles.
AGILITI, INC. 
