Pediatrix Medical drops as Q2 results miss estimates

Pediatrix Medical

04/08/2022 17:48

** Pediatrix Medical Group Inc's shares  MD.N  fall 12.8% to
$19.50 - the biggest one-day percentage fall in more than a year
    ** Healthcare services provider reports Q2 adjusted profit
of 47 cents per share, missing average estimates of 48 cents per
share - Refinitiv IBES data  urn:newsml:reuters.com:*:nBwbMdD5wa
    ** Co, which provides healthcare services for women and
children, reports quarterly revenue of $486 mln, falling short
of analysts' average estimate of $491.5 mln - Refinitiv IBES
data
    ** MD's quarterly revenue was partly hurt by a decline in
maternal-fetal medicine and pediatric cardiology services
    ** Including session losses, stock down ~28% YTD

 (Reporting by Khushi Mandowara)
 ((Khushi.Mandowara@thomsonreuters.com;))