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Stock impact report

Aveanna Healthcare Holdings Announces First-Quarter 2021 Financial Results

Aveanna Healthcare Holdings Inc. (AVAH) 
Company Research Source: GlobeNewswire
Revenue Increased 17.4% to $417.2 Million Gross Margin Increased 22.4% to $131.7 Million Net Income of $5.8 Million, or $0.04 per Diluted Share Adjusted Net Income per Diluted Share of $0.08 Adjusted EBITDA Increased 46.7% to $43.7 Million ATLANTA, May 25, 2021 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings, Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced financial results for the first quarter ended April 3, 2021. Tony Strange, Chief Executive Officer commented “We are excited to share our first quarter results following our recent initial public offering. We are very proud of the results that we delivered for the quarter and remain optimistic about our ability to continue to perform. With a strong balance sheet and positive outlook on both Medicaid and Medicare reimbursement, we believe that we are well positioned to continue to execute our growth initiatives and p Show less Read more
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