Nov 5, 4:36 PM ET
Concentra Group Holdings Parent, Inc. reported its third quarter 2026 financial results, highlighting an 8.6% increase in revenue to $622.1 million and a 36.0% increase in net income to $67.8 million compared to the same period in 2025. Driven by this performance, the company raised its full-year 2026 financial guidance, declared a cash dividend of $0.0625 per share, and authorized a new $250 million share repurchase program.
- Revenue for the third quarter of 2026 reached $622.1 million, up 8.6% year over year.
- Net income for the quarter rose 36.0% to $67.8 million, with basic and diluted earnings per share at $0.52.
- The board of directors declared a cash dividend of $0.0625 per share, payable on or about December 4, 2026.
- A new share repurchase program was authorized to buy back up to $250 million of outstanding common stock.
Read the filing on SEC.gov ↗
Sep 8, 4:42 PM ET
Concentra Group Holdings Parent, Inc. (NYSE: CON) said Tanner Newton, its senior vice president of strategy and finance, will become executive vice president and chief financial officer effective November 1, 2026. The change is part of a previously announced leadership succession in which Matthew DiCanio becomes president and chief executive officer and Keith Newton becomes executive chairman on the same date. The filing does not report financial results, and the terms of Tanner Newton's employment agreement will be disclosed in a later filing.
- Tanner Newton, 34, was appointed EVP and CFO, effective November 1, 2026; he has been SVP of strategy and finance since January 2025.
- Matthew DiCanio, currently president and CFO, becomes president and CEO on November 1, 2026; Keith Newton moves from CEO to executive chairman.
- Tanner Newton is the son of Keith Newton, a board member and the current CEO; the company says no arrangements exist under which he was appointed.
- Compensation terms are not yet disclosed; the company expects to file an 8-K after the employment agreement is signed.
Read the filing on SEC.gov ↗
Aug 27, 4:50 PM ET
Concentra Group Holdings Parent agreed on August 21, 2026 to buy 1,000,000 shares of its common stock from chairman Robert A. Ortenzio and related entities in a privately negotiated deal, closing August 24, 2026. The purchase, funded with cash on hand and approved by the independent Audit and Compliance Committee, represents about 0.784% of shares outstanding and reduces the share count shareholders own a stake in.
- 1,000,000 shares purchased at $34.65 per share, for a total of $34.65 million
- Price is a 1% discount to the August 21, 2026 closing price
- Transaction closed August 24, 2026; funded through cash on hand
- Stockholders said the sale is to diversify their investment portfolios for financial planning purposes
Read the filing on SEC.gov ↗
Aug 6, 4:49 PM ET
Concentra reported second-quarter 2026 revenue of $606.0 million, up 10.0%, and net income attributable to the Company of $65.3 million, up 46.5%, and raised its full-year 2026 guidance. The company also said Keith Newton will step down as CEO and become executive chairman, and President and CFO Matt DiCanio will become CEO, both effective Nov. 1, 2026. The higher profit and raised outlook are the main points for shareholders, while the leadership change is a planned succession.
- Q2 2026 revenue of $606.0 million, up 10.0% from $550.8 million; EPS of $0.51 versus $0.35 a year earlier
- Full-year 2026 revenue guidance raised to $2.325 billion to $2.375 billion; Adjusted EBITDA guidance of $485 million to $495 million
- Matt DiCanio to succeed Keith Newton as president and CEO effective Nov. 1, 2026; Robert Ortenzio to step down as board chair
- Quarterly cash dividend of $0.0625 per share, payable on or about Aug. 28, 2026, to holders of record on Aug. 20, 2026
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.