Addus HomeCare Announces First Quarter 2024 Financial Results
Addus HomeCare Corporation (ADUS)
Last addus homecare corporation earnings: 3/17 04:05 pm
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US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=231191&p=irol-irhome
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Source: Business Wire
FRISCO, Texas--(BUSINESS WIRE)--Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the first quarter ended March 31, 2024.First Quarter 2024 Highlights:Revenues Grow 11.6% to $280.7 MillionNet Income of $15.8 Million, or $0.97 per Diluted ShareAdjusted Net Income per Diluted Share Increases to $1.21Adjusted EBITDA Increases 24.6% to $32.4 MillionCash Flow from Operations of $38.7 MillionOverviewNet service revenues were $280.7 million for the first quarter of 2024, an 11.6% increase compared with $251.6 million for the first quarter of 2023. Net income was $15.8 million for the first quarter of 2024, compared with $12.7 million for the first quarter of 2023, while net income per diluted share was $0.97 compared with $0.78 for the same period a year ago. Adjusted EBITDA increased 24.6% to $32.4 million for the first quarter of 2024 from $26.0 million for the first quarter of 2023. Adjusted net income per diluted sh
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News
- Addus HomeCare Co. (NASDAQ: ADUS) had its price target raised by analysts at TD Cowen from $105.00 to $119.00. They now have a "buy" rating on the stock.MarketBeat
- Addus HomeCare Corporation (NASDAQ:ADUS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Addus HomeCare to Participate in BofA Securities Health Care Conference 2024 [Yahoo! Finance]Yahoo! Finance
- Addus HomeCare to Participate in BofA Securities Health Care Conference 2024Business Wire
- Addus HomeCare Co. (NASDAQ: ADUS) had its "overweight" rating re-affirmed by analysts at Stephens. They now have a $115.00 price target on the stock.MarketBeat
ADUS
Earnings
- 5/6/24 - Beat
ADUS
Sec Filings
- 5/7/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 5/6/24 - Form ARS
- ADUS's page on the SEC website