{"id":68594,"date":"2023-10-04T08:11:04","date_gmt":"2023-10-04T12:11:04","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/guardian-pharmacy-services-files-for-ipo\/"},"modified":"2023-10-04T08:11:07","modified_gmt":"2023-10-04T12:11:07","slug":"guardian-pharmacy-services-files-for-ipo","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=68594","title":{"rendered":"Guardian Pharmacy Services files for IPO"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002576233\" role=\"document\">\n<p>Guardian Pharmacy Services Inc., a company that helps residents of assisted living facilities and group homes stick to their medication plans, filed for an initial public offering on Tuesday. The Atlanta-based company hopes to trade on the New York Stock Exchange under the ticker symbol \u201cGRDN.\u201d Stephens, Raymond James and Truist Securities were the underwriters. The company\u2019s filing didn\u2019t include details on the number or expected price of shares to be offered. Guardian Pharmacy\u2019s 43 pharmacies served around 156,000 residents in some 5,800 long-term health care facilities in the U.S. during the first half of this year. \u201cWe believe we are the only company in our industry of national scale and purpose-built to serve the individual needs of assisted living, behavioral health and group home residents,\u201d Chief Executive Fred Burke said in a letter to potential investors. \u201cIn a large and fragmented market, we think we are positioned with a compelling opportunity for continued growth.\u201d The company had $908.9 million in revenue last year, with net income of $49.7 million. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/guardian-pharmacy-services-files-for-ipo-a6f03e1f?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guardian Pharmacy Services Inc., a company that helps residents of assisted living facilities and group homes stick to their medication plans, filed for an initial public offering on Tuesday. The Atlanta-based company hopes to trade on the New York Stock Exchange under the ticker symbol \u201cGRDN.\u201d Stephens, Raymond James and Truist Securities were the underwriters. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-68594","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Guardian Pharmacy Services files for IPO | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Guardian Pharmacy Services Inc., a company that helps residents of assisted living facilities and group homes stick to their medication plans, filed for\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=68594\" \/>\n<meta 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