Edition:
India

MEDNAX Inc (MD.N)

MD.N on New York Stock Exchange

56.77USD
9:21pm IST
Change (% chg)

$0.34 (+0.60%)
Prev Close
$56.43
Open
$56.43
Day's High
$57.05
Day's Low
$56.21
Volume
14,759
Avg. Vol
373,226
52-wk High
$72.13
52-wk Low
$40.56

Latest Key Developments (Source: Significant Developments)

Mednax Announces Acquisition Of Neonatology Practice In California
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Mednax Inc ::MEDNAX INC - ‍NO ADDITIONAL TERMS OF TRANSACTION WERE DISCLOSED​.MEDNAX - DEAL WAS CASH TRANSACTION AND IT IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS.MEDNAX ANNOUNCES ACQUISITION OF NEONATOLOGY PRACTICE IN CALIFORNIA.  Full Article

Elliott, Elliott International & EICA collectively combines economic exposure in MEDNAX
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - MEDNAX Inc :Elliott says Elliott, Elliott International & EICA collectively have combined economic exposure in MEDNAX of about 7.0% of stock as of Nov 6.‍Elliott​ Managemenet- believe MEDNAX Securities undervalued; seek to engage with MEDNAX management,board on strategic options,operational opportunities.‍Elliott​ Managemenet- may propose potential changes in operations, management, board, potential strategic transactions involving mednax, some assets, among others.Elliott​ Management says intends to talk with MEDNAX's management about operational matters, including sale of MEDNAX or some of its businesses.  Full Article

Mednax reports Q3 earnings per share of $0.71
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Mednax Inc :Mednax reports third quarter GAAP EPS of $0.71; adjusted EPS of $0.87.Sees Q4 2017 adjusted earnings per share $0.80 to $0.85.Sees Q4 2017 earnings per share $0.64 to $0.69.Q3 earnings per share $0.71.Q3 adjusted earnings per share $0.87.Q3 revenue $869 million versus I/B/E/S view $866.4 million.Q3 same store sales rose 0.7 percent.Q3 earnings per share view $0.85 -- Thomson Reuters I/B/E/S.Mednax Inc - estimates that hurricane impact reduced net revenue during quarter by approximately $2 million and adjusted EPS by approximately $0.01​.Mednax - ‍Q4 outlook assumes total same-unit revenue growth for 3 months ended December 31, 2017 to be in a range of flat to 2 percent versus prior-year period​.Mednax Inc - ‍outlook assumes that total same-unit revenue growth for three months ended December 31, 2017 will be in a range of flat to 2 percent​.  Full Article

MEDNAX ACQUIRES RADIOLOGY PHYSICIAN GROUP SYNERGY RADIOLOGY ASSOCIATES
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - MEDNAX Inc ::MEDNAX ANNOUNCES ACQUISITION OF LEADING TEXAS RADIOLOGY PRACTICE.MEDNAX INC - ‍NO ADDITIONAL TERMS OF TRANSACTION WERE DISCLOSED.​.MEDNAX INC - DEAL WAS A CASH AND EQUITY TRANSACTION AND IT IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS​.MEDNAX INC - ‍ACQUISITION OF SYNERGY RADIOLOGY ASSOCIATES, PA.MEDNAX INC - ‍WITH ACQUISITION, 10 PHYSICIAN GROUP PRACTICES HAVE BECOME PART OF MEDNAX IN 2017.  Full Article

Mednax acquires Maternal-Fetal Medicine Practice in Florida
Monday, 15 Aug 2016 

Mednax Inc : Mednax announces acquisition of Maternal-Fetal Medicine practice in Florida . Cash transaction is expected to be immediately accretive to earnings . No additional terms of transaction were disclosed .Announced acquisition of maternal fetal medicine of southwest Florida, P.A. A private physician group practice.  Full Article

Mednax Q2 earnings per share $0.89
Thursday, 28 Jul 2016 

Mednax Inc : Mednax inc says sees 2016 q3 adjusted eps will be in a range of $1.09 to $1.13 . Mednax reports second quarter gaap eps of $0.89; adjusted eps of $1.03 . Sees q3 2016 adjusted earnings per share $1.09 to $1.13 . Sees q3 2016 earnings per share $0.92 to $0.96 . Q2 adjusted earnings per share $1.03 . Q2 earnings per share $0.89 . Q2 revenue $772 million versus i/b/e/s view $775.7 million . Q2 same store sales rose 2 percent . Q2 earnings per share view $1.07 -- Thomson Reuters I/B/E/S .Q3 earnings per share view $1.16 -- Thomson Reuters I/B/E/S.  Full Article

Mednax announces acquisition of cardiology practice in Virginia
Monday, 11 Jul 2016 

Mednax Inc : Mednax announces acquisition of cardiology practice in Virginia . Deal was a cash transaction, and it is expected to be immediately accretive to earnings .No additional terms of transaction were disclosed.  Full Article

Mednax says announces acquisition of Anesthesiology practice in NY
Monday, 20 Jun 2016 

Mednax Inc : Mednax inc says no additional terms of transaction were disclosed . Deal was a cash transaction, and it is expected to be immediately accretive to earnings . Mednax inc says acquisition of westchester anesthesiologists, pc, a private physician group practice based in white plains .Mednax announces acquisition of anesthesiology practice in new york.  Full Article

MedData agrees to buy Cardon Outreach LLC for $400 mln
Monday, 13 Jun 2016 

Mednax Inc : Meddata agrees to acquire Cardon Outreach LLC, a leading revenue cycle management company . Purchase consideration for transaction was $400 million .Acquisition is expected to be accretive to GAAP earnings.  Full Article

Mednax to acquire Cardon Outreach for $400 mln
Monday, 13 Jun 2016 

Mednax Inc : Deal for $400 million . Mednax inc says acquisition is expected to be immediately accretive to earnings . Cardon is expected to generate 2016 annualized earnings before interest, taxes, depreciation and amortization (ebitda) of $36 million . Cardon outreach will become a wholly owned subsidiary of meddata, a mednax company . Mednax inc says expects initial contribution of $0.06 in annualized diluted earnings per share from acquisition .Mednax announces agreement to acquire cardon outreach.  Full Article

BRIEF-Mednax Reports Q4 Adjusted Earnings Per Share Of $0.87

* Q4 EARNINGS PER SHARE VIEW $0.83, REVENUE VIEW $885.1 MILLION -- THOMSON REUTERS I/B/E/S