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U.S. Physical Therapy: 1Q Earnings Snapshot

HOUSTON (AP) _ U.S. Physical Therapy Inc. (USPH) on Thursday reported first-quarter net income of $5 million.

On a per-share basis, the Houston-based company said it had profit of 39 cents. Earnings, adjusted for non-recurring costs, came to 66 cents per share.

The physician staffing services company posted revenue of $116.2 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $115.7 million.

U.S. Physical Therapy shares have climbed 11% since the beginning of the year. The stock has risen 22% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on USPH at https://www.zacks.com/ap/USPH