News Headlines Article

Tenet reports strong first quarter
Los Angeles Business

Tenet Healthcare Corp. on Tuesday announced first quarter earnings of $298 million, an increase of $20 million over the first quarter of 2009. “We achieved another quarter of solid progress in EBITDA growth,” said Trevor Fetter, president and CEO of Tenet (NYSE: THC), about the 7.2 percent increase. Net income attributable to common shareholders for the first quarter of 2010 was $88 million, or $0.17 per diluted share, compared to $44 million, or $0.09 per diluted share.