UHT Q2 2026: Net income +31% to $5.9M on land sale; credit line expanded

Filed August 7, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 8, 2025 · ~1 min read

Key Changes

• high

  Credit agreement amended in April 2026 to increase borrowing capacity by $50M to $475M and lower the minimum tangible net worth covenant from $125M to $100M, providing additional financial flexibility.

  MD&A: Credit Agreement verify on EDGAR →
• high

  Enhanced premium tax credits for insurance exchanges expired December 31, 2025; House passed three-year extension in January 2026 but no legislation enacted as of August 2026. Exchange enrollment already adversely impacted.

  MD&A: Medicaid Legislation verify on EDGAR →
• medium

  Q2 2026 recognized a $724,000 gain on sale of land, contributing to the $1.4M year-over-year increase in net income to $5.9M. No comparable gain in Q2 2025.

  MD&A: Land Sale Gain verify on EDGAR →