Pittsburgh-based UPMC posted a $338.9 million operating loss (-1.1 operating margin) in 2024, compared to an operating loss of $198.3 million (-0.7 margin) in 2023, according to its Feb. 28 financial ...

Several large health systems reported operating losses in 2024, underscoring ongoing financial strain despite rising patient volumes and revenue growth. While inpatient revenue is climbing, expense ...

Discover how loss carrybacks allow businesses to apply net operating losses to previous tax years, offering immediate tax refunds and favorable financial outcomes.

CommonSpirit Health marked the first quarter of its 2024 fiscal year with a $441 million operating loss (-5.1% operating margin) and a $738 million net loss due to inflation-boosted expenses and ...

Catholic healthcare giant CommonSpirit Health has reported a $1.4 billion operating loss (-4.1% operating margin) and a net loss of $259 million for its 2023 fiscal year, which ended June 30, ...

The United States Postal Service (USPS) on Tuesday reported a $6.5 billion net loss for fiscal year 2023 despite initially aiming to break even. The Postal Service said operating revenue fell $321 ...

The Federal Reserve reported a net loss of $114.3 billion in their Audited Annual Financial Statements for 2023. This is the first net loss from the Fed in 108 years and resulted in no remittance to ...

The Fed has reported a loss of -$114.3 billion for 2023, marking the first loss in 108 years. The losses are a result of an asset/liability mismatch caused by financing long-term fixed-rate assets ...

Discover the difference between gross and net profit margins by exploring how each impacts a company's financial health and ...

The automobile manufacturer expects an operating profit of Y50bn for the quarter to 30 September 2025. Credit: Jonathan Weiss/Shutterstock.com. Nissan has warned that it could post a full-year ...