08:31 AM EDT, 03/14/2024 (MT Newswires) -- Medical Facilities Corporation ( MFCSF ) , which rose more than 2% yesterday, on Thursday reported Q4 EPS Basic US$0.44 and Diluted $0.39 compared to a loss of 0.08 and 0.26 for both a year earlier, respectively. Revenue and other income was $122.265 million, up 14.2%.

"Our surgical volumes were up in the quarter, helping drive higher revenue and profitability, and finishing off a strong year overall for MFC," said Jason Redman, President and CEO, in a statement. "We used our cash flow to further pay down debt, reducing the balance on our corporate credit facility by $8 million in the quarter and $20 million for the year. We also remained active with our NCIB, returning $2 million to shareholders in the quarter and $7.4 million for the year. As a result of executing our strategy in 2023, MFC is stronger, more focused, and better positioned as we look forward to continuing our work in 2024."