USPH

U.S. Physical Therapy, Inc. ( USPH ) Q3 2026 Earnings Call November 5, 2026 10:30 AM EST Company Participants Christopher Reading - CEO & Chairman Jason Curtis - Senior Vice President of Finance Nchacha Etta - Executive VP & CFO Eric Williams - President & COO Conference Call Participants Joanna Gajuk - BofA Securities, Research Division Jack Slevin - Jefferies LLC, Research Division Michael Petusky - Barrington Research Associates, Inc., Research Division Lawrence Solow - CJS Securities, Inc. Constantine Davides - Citizens JMP Securities, LLC, Research Division Benjamin Rossi - JPMorgan Chase & Co, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the U.S. Physical Therapy Third Quarter 2026 Earnings Call.

We believe Bentley Systems is attractive due to its strong free cash flow, high customer retention, and durable competitive advantages trading at a discount to our estimates of its long-term intrinsic value. We believe U.S. Physical Therapy may benefit from an aging population, increasing demand for outpatient rehabilitation services, and continued market consolidation. We exited the Essential Utilities position as the share price appreciated reducing the stock's potential upside and made its risk/reward profile less compelling redeploying the capital into what we view as higher conviction opportunities.

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced that its Board of Directors (the “Board”) approved the appointment of Ms. Myra Davis to serve as a member of the Board, effective October 1, 2026. Myra Davis currently serves as the Executive Vice President and Chief Information Innovation Officer at Texas Childr.

U.S. Physical Therapy NYSE: USPH is pursuing growth through clinic openings, acquisitions and a newer hospital-alliance strategy that Chief Executive Officer Chris Reading said could expand patient volumes and improve reimbursement.

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced that Chris Reading, Chairman and Chief Executive Officer, presented at the 17th Annual Midwest Ideas Conference held on August 26, 2026. The presentation included a discussion of the overall operating environment in healthcare, the Company's key initiatives and a.

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (“IIP”), today announced that Nchacha Etta will serve as the Company's Executive Vice President and Chief Financial Officer, effective as of September 1, 2026. Jason Curtis, the Company's Senior Vice President, Finance and Accounting, served as Interim CFO since April 24, 2026. M.

U.S. Physical Therapy, Inc. (USPH) Q2 2026 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced that it will report its financial results for the three and six months ended June 30, 2026, on Wednesday, August 5, 2026, after the stock market closes, with the conference call to follow the next morning, on Thursday, August 6, 2026. Conference Call    Date:    Thursd.

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced the acquisition of a twelve-clinic physical therapy practice, effective July 1, 2026. USPH acquired a 67% equity interest, with 33% retained by the current owners. The practice currently generates approximately 112,000 annual visits and $12 million in annual reve.

U.S. Physical Therapy, Inc. has seen valuation multiples compress significantly despite continued revenue growth and new strategic initiatives. U.S. Physical Therapy reported Q1 2026 revenue of $198.3M (+7.9% YoY) but missed EPS expectations due to higher costs from acquisitions and clinic startups. Management is pursuing hospital partnerships and shifting toward private insurance, aiming to boost clinic utilization and reduce reliance on Medicare/Medicaid.