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Stock impact report

Enhabit Reports First Quarter 2024 Financial Results

Enhabit, Inc. (EHAB) 
Company Research Source: Business Wire
Company to host a conference call tomorrow, May 9, 2024, at 10 a.m. EDT DALLAS--(BUSINESS WIRE)--Enhabit, Inc. (NYSE: EHAB), a leading home health and hospice care provider, today reported its results of operations for the first quarter ended March 31, 2024.“Our momentum exiting 2023 and through the first quarter of 2024 instills confidence and excitement in our strategy and team,” said Enhabit’s President and Chief Executive Officer Barb Jacobsmeyer. “Our strong start to 2024 is a result of our team’s continued focus on our operational strategies. Additional frontline clinicians, more and better home health payor contracts and controlling general and administrative expenses were the key drivers of our performance in the first quarter and resulted in sustained consolidated Adjusted EBITDA of $25.3 million in both the first quarter of 2024 and 2023. We are confident we are taking the right steps to drive future growth.”QUARTERLY PERFORMANCE - CONSOLIDATEDNet service revenue of $262. Show less Read more
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