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DaVita beats quarterly profit estimates amid stable demand for dialysis services
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DaVita beats quarterly profit estimates amid stable demand for dialysis services
May 26, 2025 6:20 AM

May 12 (Reuters) - DaVita ( DVA ) beat Wall Street

estimates for first-quarter profit on Monday, driven by steady

demand for its kidney dialysis services.

The company provides these services for patients with

chronic kidney failure through a network of outpatient clinics

and at-home dialysis services across the United States.

DaVita ( DVA ), which had been grappling with rising patient care

and operating costs, has also experienced disruptions from

hurricanes and a recent ransomware attack, which affected some

of its operations.

In its quarterly filing, the company said that some of its

data was exfiltrated during the cybersecurity incident and it is

currently verifying the extent and nature of the affected files,

which include patients' personal and medical data.

On an adjusted basis, DaVita ( DVA ) reported a first-quarter profit

of $2 per share, above analysts' estimates of $1.95 per share,

according to data compiled by LSEG.

DaVita ( DVA ) also reported a decline in health benefit expenses,

center closure costs, insurance costs, and other direct

operating expenses related to its dialysis centers.

For the quarter ended March 31, revenue rose by 5% to $3.22

billion, compared to analysts' estimates of $3.21 billion.

The Denver, Colorado-based company reaffirmed its

expectation for an adjusted per-share profit between $10.20 and

$11.30 in 2025.

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