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Acadia Healthcare (ACHC) Q1 2018 Results - Earnings Call Transcript

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Acadia Healthcare Co., Inc. (NASDAQ:ACHC) Q1 2018 Earnings Call May 2, 2018 9:00 AM ET


Brent Turner - Acadia Healthcare Co., Inc.

Joey A. Jacobs - Acadia Healthcare Co., Inc.

David M. Duckworth - Acadia Healthcare Co., Inc.

Gretchen Hommrich - Acadia Healthcare Co., Inc.


Joanna Gajuk - Bank of America Merrill Lynch

Frank George Morgan - RBC Capital Markets LLC

Brian Gil Tanquilut - Jefferies LLC

John W. Ransom - Raymond James & Associates, Inc.

Ana A. Gupte - Leerink Partners LLC


As a reminder, this call is being recorded. Please proceed.

Brent Turner - Acadia Healthcare Co., Inc.

Good morning. I'm Brent Turner, President of Acadia Healthcare, and I'd like to welcome you to our First Quarter 2018 Conference Call. To the extent any non-GAAP financial measures discussed in today's call, you will find a reconciliation of that measurement to the most directly comparable financial measure calculated according to GAAP on our website by viewing yesterday's news release under the Investors link.

This conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements, among others, regarding Acadia's expected quarterly and annual financial performance for 2018 and beyond. For this purpose, any statements made during the call that are not statements of historical fact may be deemed to be forward-looking statements.

Without limiting the foregoing, the words believes, anticipates, plans, expects, and similar expressions are intended to identify forward-looking statements. You are hereby cautioned that these statements may be affected by important factors, among others, set forth in Acadia's filings with the Securities and Exchange Commission and in the company's first quarter news release, and consequently, actual operations and results may differ materially from the results discussed in the forward-looking statements. The company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new

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