THE PENNANT GROUP INC. overview

EAGLE, Idaho, Feb. 24, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the fiscal year 2020 and fourth quarter, reporting GAAP diluted earnings per share of $0.52 and $0.13 for the full year ended December 31, 2020 and the fourth quarter, respectively. Pennant also reported adjusted diluted earnings per share of $0.77 for the year and...

EAGLE, Idaho, Feb. 23, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced that it has amended its revolving credit facility effective today, increasing its revolving line of credit by $75 million to a total of $150 million, of which approximately $18.3 million was drawn as of February 22, 2021. The amended credit facility is supported by a lending consortium arranged...

EAGLE, Idaho, Feb. 18, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its fourth quarter and fiscal year 2020 financial results on Wednesday, February 24, 2021. Pennant invites current and prospective investors to tune into a live webcast to be held the following day, Thursday, February 25, 2021, at 10:00 a.m. Mountain Time (12:00...

EAGLE, Idaho, Jan. 19, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has acquired Sacred Heart Home Health Care , which provides home health services in Phoenix and Tucson, Arizona. The acquisition was effective January 16, 2021. “We are thrilled to announce the acquisition of Sacred Heart Home Health Care ,” said Danny Walker, Pennant’s Chief...

EAGLE, Idaho, Jan. 15, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it will participate in the upcoming 2021 Stifel Seniors Housing and Healthcare Real Estate Conference on January 19, 2021. Chief Investment Officer Derek Bunker will participate in a panel discussion with other senior living operators that day from 1:00 p.m. to 1:45 p.m. Eastern...

EAGLE, Idaho, Nov. 10, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the third quarter of fiscal year 2020, reporting GAAP diluted earnings per share of $0.15 for the quarter and adjusted diluted earnings per share of $0.18 for the quarter (1) . Third Quarter Highlights Total revenue was $98.4 million, an increase of $10.0 million or...

EAGLE, Idaho, Nov. 05, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its third quarter 2020 financial results on Tuesday, November 10, 2020. Pennant invites current and prospective investors to tune into a live webcast to be held the following day, Wednesday, November 11, 2020 at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time),...

EAGLE, Idaho, Nov. 05, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced the successful establishment of two de novo hospice agencies: Alpha Home Health and Hospice , located in Everett, Washington, was awarded a Certificate of Need by the Washington State Department of Health to establish a new hospice program in Snohomish County. Alpha , which already provides...

EAGLE, Idaho, Nov. 02, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has acquired Riverside Home Health Care of Grants Pass, Oregon and serving Douglas, Jackson, and Josephine counties. The acquisition was effective November 1, 2020. “We are very pleased to announce the acquisition of Riverside Home Health Care ,” said Daniel Walker, Pennant’s...

EAGLE, Idaho, Oct. 29, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced it will expand its leadership team, appointing Brent Guerisoli as Pennant’s new President, to be effective January 1, 2021. Daniel Walker, who has been serving as Pennant’s Chief Executive Officer and President since the organization’s spin-off from The Ensign Group, Inc., will...

EAGLE, Idaho, Oct. 02, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has acquired Harmony Hospice of Las Vegas, Nevada. Prior to this transaction, Harmony was one of three affiliated hospice agencies, the other two of which— Prime Hospice in Phoenix, Arizona and Harmony Hospice of Arizona in Kingman, Arizona—Pennant acquired earlier this year. The...

EAGLE, Idaho, Oct. 01, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced today that it has closed on its previously announced home health joint venture with Scripps Health, a leading nonprofit integrated health system based in San Diego, California. The closing of the joint venture occurred effective October 1, 2020. The joint venture, which combines Scripps’s home...

EAGLE, Idaho, Sept. 16, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has acquired the assets of CMS Home Health Care , which has locations in Brownwood and Coleman, Texas. The acquisition was effective September 16, 2020. Danny Walker, Pennant’s Chief Executive Officer, commented, “With sister operations in Abilene, Austin, and Dallas, this...

EAGLE, Idaho, Aug. 11, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the second quarter of fiscal year 2020, reporting GAAP diluted earnings per share of $0.15 for the quarter and adjusted diluted earnings per share of $0.24 for the quarter (1) . Second Quarter Highlights Total revenue was $92.7 million, an increase of $10.0 million...

EAGLE, Idaho, Aug. 06, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its second quarter 2020 financial results on Tuesday, August 11, 2020. Pennant invites current and prospective investors to tune into a live webcast to be held the following day, Wednesday, August 12, 2020 at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time),...