Pennant Group, Inc.

Pennant Group reported strong financial results for the second quarter and first half of 2026. Second-quarter revenue increased by 35.75% to $297.98 million, with diluted earnings per share rising to $0.25. The company also saw significant growth in net income and operating cash flow for the six-month period, driven by both its home health/hospice and senior living segments.

Pennant Group reported strong second-quarter 2026 financial results, with total revenue increasing 35.8% year-over-year to $298.0 million. GAAP diluted earnings per share was $0.25, and adjusted diluted EPS reached $0.36. Net income grew 28.2% to $9.1 million, while adjusted net income increased 36.5% to $12.8 million. The company also updated its full-year 2026 guidance, anticipating total revenue between $1,171.1 million and $1,190.1 million, and adjusted diluted EPS between $1.34 and $1.41. An updated investor presentation will be posted on its website.

Pennant Group reported strong second-quarter 2026 results, with total revenue increasing by 35.8% to $298.0 million and GAAP diluted earnings per share of $0.25. Adjusted diluted EPS reached $0.36. The company saw significant growth across both its Home Health and Hospice Services and Senior Living Services segments, driven by increased admissions and occupancy. Management expressed confidence in exceeding original full-year guidance and subsequently raised its 2026 annual outlook for revenue, adjusted EPS, and adjusted EBITDA.

The Pennant Group, Inc. announced the acquisition of the real estate and operations of Inspirations of River Centre Senior Living, effective August 1, 2026. Now rebranded as River Centre Assisted Living, this 63-unit assisted living community in Tucson, Arizona, is expected to enhance Pennant's senior living portfolio. The company emphasized its commitment to supporting the local team and ensuring a seamless transition for residents and employees.

The Pennant Group, Inc. announced it expects to release its second quarter 2026 financial results on Wednesday, August 5, 2026. The company will host a live webcast for investors on Thursday, August 6, 2026, at 10:00 a.m. Mountain Time to discuss these results. The webcast will be accessible via the Investor Relations section of their website, with a replay available for one year.

Pennant Group and Hartford HealthCare announced the next evolution of their strategic collaboration, strengthening and expanding home-based care services across Connecticut. The partnership, which began in May 2024, will transition into a unified operating entity. This collaboration has already led to improved clinical outcomes, Hartford HealthCare at Home's first-ever 4-star CMS rating, expanded patient access, and the implementation of Pennant's advanced technologies.

Pennant Group, Inc. held its Annual Meeting of Stockholders on May 14, 2026, where three Class I directors were elected to serve until the 2029 Annual Meeting. Stockholders also ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2026. Additionally, the compensation paid to the company's named executive officers was approved on an advisory basis.

The Pennant Group, Inc. announced its participation in the upcoming 2026 RBC Global Healthcare Conference on May 20, 2026. John Gochnour, President and Chief Operating Officer, Lynette Walbom, Chief Financial Officer, and Andy Rider, President of Senior Living, will participate in a fireside chat. A live webcast of the event will be available for access.

Pennant Group, Inc. announced the acquisition of the real estate and operations of Copper Canyon Memory Care, an established senior living community in Tucson, Arizona. This strategic move expands Pennant's Arizona operations by 40 memory care units. CEO Brent Guerisoli emphasized the disciplined approach to capital deployment and confidence in the Arizona senior housing market's long-term fundamentals. Andrew Rider, President of Pinnacle Senior Living LLC, added that the acquisition strengthens the Arizona portfolio and creates opportunities for enhanced operating efficiency.

Pennant Group reported strong financial results for the first quarter of 2026, with revenue increasing by 36.0% to $285.4 million and net income attributable to the company rising by 9.6% to $8.5 million. Diluted earnings per share also grew by 9.1% to $0.24. The company continued its expansion efforts with subsequent acquisitions of one senior living community's real estate and new leases for three additional senior living communities in April and May 2026.