08:49 AM EST, 11/06/2025 (MT Newswires) -- Medical Facilities ( MFCSF ) reported Thursday a 7.6% year-on-year decline in net income for the third quarter.

The company booked net income from continuing operations of US$12.9 million, or $0.23 per diluted share, down from $14.0 million, or $0.23 per diluted share.

Revenue and other income slipped 7% to $82.6 million while EBITDA fell 37.3% to $16.1 million.

"Our third quarter results reflect the strength and stability of our highly rated, high-quality surgical facilities," President and Chief Executive Officer Jason Redman said. "On a consolidated basis, favourable impacts from case and payor mix, along with payor rate increases and higher surgical case volumes, drove growth in facility service revenue as well as increased income from operations and EBITDA on a normalized basis."

Medical Facilities' ( MFCSF ) share price closed 2.6% lower on Wednesday to C$13.79 on the Toronto Stock Exchange.