08:39 AM EDT, 05/10/2024 (MT Newswires) -- Dentalcorp Holdings ( DNTCF ) , a network of dental practices, on Friday reported higher adjusted net income for the first quarter.

The company posted an adjusted net income of $24.7 million, rising from $16.1 million.

Adjusted EBITDA inched up to $68.1 million from $65.6 million as revenue grew to $372.4 million from $358.3 million.

Dentalcorp ( DNTCF ) said the results reflect its margin expansion, strong free cash flow and deleveraging in the first quarter.

"Our teams across the country delivered another strong quarter of results achieving revenue growth and [same practice revenue growth] of approximately 4% and 1%, respectively, over the first quarter of 2023, despite lapping a prior year quarter which benefited from rescheduled appointments due to a heavy flu season in late 2022," CEO and Chairman Graham Rosenberg said.

For the second quarter, the company expects its revenue to increase 7-9% to the range of $394-$401 million.