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PACS Group, Inc.

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PACS Group Beats Q1, Shares Rise 16%

PACS Group reported Q1 adjusted EPS $0.50, beating estimates of $0.44, and revenue $1.42 bn, up 11.2% YoY. Adjusted EBITDA rose 74.6% to $170.4 million, driven by higher occupancy (90.9%) and skilled