Sonida Revenue Jumps 33 Percent in Q2

Sonida Senior Living (NYSE:SNDA), a senior housing owner and operator, reported second quarter results on August 11, 2025. The highlight was a sharply narrower GAAP net loss per share of $(0.16), beating the estimated $(0.78) loss, thanks in part to an $8.8 million nonrecurring employee retention credit. As the company expanded its portfolio and saw improved occupancy, the period showed robust topline growth and good progress on acquisitions and integration. However, same-store community net operating income margin (non-GAAP) softened to 28.0% from 29.0% in Q2 2024 as expenses, especially labor, grew faster than revenue, raising questions about margin improvement as the company continues to scale up.

Source: Analyst estimates for the quarter provided by FactSet.

Sonida operates senior living communities across the United States, providing housing and care options that cover independent living, assisted living, and memory care for older adults. Its flexible care model allows residents to stay within the same community as their needs change, a concept known in the industry as a “continuum of care.” This approach aims to enhance resident satisfaction and encourages longer stays, which in turn supports higher occupancy and stable revenue.

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Source Fool.com