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0 0.00387596899224815 0.00387596899224815 0.00387596899224815 0.00387596899224815 0 -0.0348837209302325 -0.0348837209302325
Stock impact report

Aveanna Healthcare Holdings Announces First-Quarter 2022 Financial Results

Aveanna Healthcare Holdings Inc. (AVAH) 
Company Research Source: GlobeNewswire
Revenue increased 8.0% to $450.5 million, compared to Q1 2021Acquisitions of Comfort Care (HHH) and Accredited (PDS) drove revenue growthGross margin increased 10.0% to $144.8 million, compared to Q1 2021Net income was $25.3 million, primarily attributable to a $38.3 million non-cash gain on interest rate hedgesAdjusted EBITDA decreased 13.2% to $38.0 million, compared to Q1 2021 ATLANTA, May 11, 2022 (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 three month period ended April 2, 2022. Tony Strange, Chief Executive Officer, commented “Despite the significant pressure on labor supply and operating challenges created by the Omicron variant of COVID-19 in the first quarter of 2022, our caregivers and support staff continued to work tirelessly to deliver on our important mission of providing c Show less Read more
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