AdaptHealth Corp. Announces First Quarter 2024 Results
AdaptHealth Corp. - Class A (AHCO)
Company Research
Source: Business Wire
PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--AdaptHealth Corp. (NASDAQ: AHCO) (“AdaptHealth” or the “Company”), a national leader in providing patient-centered, healthcare-at-home solutions including home medical equipment, medical supplies, and related services, announced today financial results for the first quarter ended March 31, 2024.First Quarter Results and HighlightsAll comparisons are to the quarter ended March 31, 2023.Net revenue was $792.5 million compared to $744.6 million, an increase of 6.4%.Net loss attributable to AdaptHealth Corp. was $2.1 million compared to net income of $15.7 million.Adjusted EBITDA was $158.5 million compared to $134.0 million, an increase of 18.3%.Cash flow from operations was $49.0 million, a decrease from $140.2 million, and Free Cash Flow was $(38.9) million, a decrease from $51.1 million, both decreases primarily driven by delayed payments resulting from the Change Healthcare data breach. Since the end of the first quarter, the delayed paymen
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News
- Levi & Korsinsky, LLP Notifies Shareholders of AdaptHealth Corp. (AHCO) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- AdaptHealth Corp. (NASDAQ: AHCO) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $13.00 price target on the stock.MarketBeat
- Levi & Korsinsky, LLP Notifies Shareholders of AdaptHealth Corp. (AHCO) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- AdaptHealth Is Too Strong To Be Valued At 40% Of Revenues [Seeking Alpha]Seeking Alpha
- AdaptHealth Corp. (NASDAQ:AHCO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
AHCO
Earnings
- 5/7/24 - Miss
AHCO
Sec Filings
- 5/16/24 - Form S-8
- 5/9/24 - Form 4
- 5/7/24 - Form 10-Q
- AHCO's page on the SEC website