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Stock impact report

InnovAge reaffirms $900M-$950M revenue and $56M-$65M adjusted EBITDA guidance for fiscal 2026 while highlighting leadership transitions [Seeking Alpha]

InnovAge Holding Corp. (INNV) 
NASDAQ:AMEX Investor Relations: innovuspharma.com
Company Research Source: Seeking Alpha
CEO Patrick Blair opened by emphasizing that "the first quarter reporting cycle always comes quickly due to SEC requirements," and focused on progress against strategic priorities, highlighting that "total revenue increased 15% and adjusted Quick Insights InnovAge's management emphasized that margin gains and cost controls stem from ongoing optimizations in discharge, skilled nursing utilization, and in-house pharmacy integration but cautioned about seasonality, organizational changes, and potential 'lumpiness' in near-term results. Execution is ongoing, and management says they are about halfway through standardizing clinical initiatives, with sustainability linked to continued operational discipline. Management identified risks including seasonality, timing of Medicaid redeterminations, competitive pressures (notably from Medicare Advantage and Special Needs Plans), leadership transitions, and inherent business scale limitations; they stressed that Q1 results should not be se Show less Read more
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