Tom Leonard makes Gary Blackford look like Jack Welch

I am beginning to wonder if Tom's personal loan from UHS was used to purchase his new yacht?

 

Looks like he's slowly gutting the company.

 

More layoffs of good, tenured people at UHS, coupled with people getting out while they can. It's not the same company I knew or that our customers knew and trusted for so many years. Thankfully, I retired before they got to me.

 

Leonard and Ketzel, two leaders with half the competency, at 3 times the price of their predecessors.....

Better make some smoke before the bond fails in 2020.

 

Got to admit they at least throw one heck of a party. Which unfortunately is the only thing I've seen them do so far. Challenger flop, field sales trainers flop, company vehicles flop, pivot to bio med flop, new website flop, lots of acquisitions flop!! The board will wake up soon to realize we have a prez boasting of 60 million in new bookings yet year over year revenue is flat! Makes no sense....these guys and their henchmen haven't a clue. What will they do in 2017 when we grow another 1 to 3%!! I'm sure it will be all the AE's fault and not the fact that we haven't come to market with anything new!

 

The Challenger Sale is a joke.

 

The company files its financial statements publicly. They are available to anyone if you aren't too ignorant to figure out how to look them up and read them. Of course, why bother with facts...ruins a good story.

I have read them so let me help you out. Revenue grew more than six percent last quarter. Earnings grew even faster. NO mention anywhere of layoffs or any of the other nonsense you spew. Hasn't been any that I am aware of in at least two years.

We are finally on the right track. I just had my best W-2 year in sales since joining this company, and I have been here a while. We just finished the best sales meeting I have ever had in my career, here or any other place I have worked. Everyone I know is excited about all the positive change that has come to the company.

I assume you don't work here anymore if you ever even did, but if you actually do, you should consider going some place you think is worthy of you. With your brilliant insights and positive attitude I am sure plenty of companies would love to have you...

 

AMEN Sister.

 

Spoken like a true UHS tool

 

Speaking of tools, do you know what debt ratio is? Our leverage is in the life support to last rights category. The small revenue growth doesn't even come close to putting a dent in our enormous debt.

"Cool Aid, get your Cool Aid"

 

Learn basic finance.

Two general purposes of corporate debt - as part of a company's capital structure and as a tool to finance operations.

As part of the capital structure it is a financial tool to accelerate shareholder value creation.

As a tool to finance operations, it signifies either an early stage company unable to pay its own bills yet, or potentially an otherwise unhealthy business model.

A quick look at UHS's ability to generate cash flow from operations makes it immediately clear that it uses debt as part of its capital structure to accelerate shareholder gains, and that it has ample ability to effectively carry its debt load.

 

Thanks for the lesson, professor. Ask any investor or business person with a clue about the prospects of a debt ratio of 6+ that has gone up or stayed flat. They will tell you "Run Forrest, Run". Good luck with your finance degree. Fiction may be your better path.

 

"UHOS reported revenue of $121.8 million, up 9.0% YoY and 4.8% ahead of our estimate. We calculate adjusted EBITDA of $32.8 million, which was up 13.0% YoY and beat our number by 6.5%. With its Q4 2016 results, UHOS provided its initial FY 2017 outlook. The company is guiding to adjusted EBITDA of $135 million–$140 million and expects to end the year with leverage of 5.2x–5.5x. (Source: Company press release and Wells Fargo Securities’ estimates)"

 

2016 revenue was up 6% due to 2016 Q1 sale at memorial Hermann of 4m. Take that out and your math doesn't work. Also, take the KCI revenue share gift of 2m and ebitda isn't so flattering either. Look into 2017 and, yes ebitda will improve, several millions and millions of A360 dollars are due for renewals where the asset is fully depreciated so the margins will get better. Combine that with not buying equipment to keep up with demands of are own fleet and we are one healthy company. Lastly, bookings of 70m in 2016! Where's the growth from that??

 

UHOS?