UPDATE: Tenet Healthcare Reports Upbeat Q1 Results

Tenet Healthcare Corp THC released its results for the first quarter today. The company's quarterly profit declined to $73 million, or $0.14 per share, from $88 million, or $0.17 per share, in the year-ago period. The company's revenue rose to $2.51 billion from $2.34 billion. However, analysts were expecting earnings of $0.13 per share on revenue of $2.48 billion. THC shares gained 0.90% to $6.75 in pre-market trading. Read more from Benzinga's Company news.