04:25 PM EDT, 08/12/2024 (MT Newswires) -- PACS Group ( PACS ) reported a Q2 net loss late Monday of $0.07 per diluted share, compared with net income of $0.16 a year ago.

Analysts polled by Capital IQ expected earnings of $0.34.

Revenue for the quarter ended June 30 was $981.85 million, up from $760.66 million a year earlier.

Analysts surveyed by Capital IQ expected $919.2 million.

The company updated it full-year 2024 revenue guidance to $3.85 billion to $3.95 billion from $3.65 billion to $3.75 billion previously. Analysts polled by Capital IQ expect $3.77 billion.

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