InnovAge Holding Corp (INNV) Reports Fiscal Q2 2024 Earnings: Key Financial Metrics Revealed [Yahoo! Finance]
InnovAge Holding Corp. (INNV)
NASDAQ:AMEX Investor Relations:
innovuspharma.com
Company Research
Source: Yahoo! Finance
Adjusted EBITDA : Improved to $7.8 million in Q2 2024, a significant rise from a loss of $1.9 million in Q2 2023. Center-level Contribution Margin : Increased by 48.9% to $33.6 million in Q2 2024. Net Loss Margin : Improved to (2.0)% in Q2 2024 from (6.3)% in Q2 2023. Cash and Short-term Investments : Ended Q2 2024 with $98.8 million, compared to $173.5 million at the end of Q2 2023. Debt : Stood at $83.7 million in Q2 2024, representing various loans and finance leases. Warning! GuruFocus has detected 2 Warning Sign with INNV. On February 6, 2024, InnovAge Holding Corp ( NASDAQ:INNV ) released its 8-K filing , announcing the financial results for the fiscal second quarter ended December 31, 2023. InnovAge, a healthcare delivery platform specializing in all-inclusive care for high-cost, dual-eligible seniors, reported a revenue increase of 12.8% to $188.9 million compared to the same quarter last year. The company's net loss improved significantly, decreasing to $3.8 mill
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News
- InnovAge Launches PACE Center in Los Angeles, Helping Seniors Live Independently with High-Quality Care [Yahoo! Finance]Yahoo! Finance
- InnovAge Launches PACE Center in Los Angeles, Helping Seniors Live Independently with High-Quality CareGlobeNewswire
- InnovAge to Announce Fiscal Third Quarter 2024 Financial Results and Host Conference Call Tuesday, May 7, 2024GlobeNewswire
- InnovAge Holding Corp. (NASDAQ: INNV) had its price target lowered by analysts at JPMorgan Chase & Co. from $7.00 to $6.00. They now have a "neutral" rating on the stock.MarketBeat
- InnovAge Launches First PACE Center in Florida Providing Comprehensive Healthcare Program for Seniors to Promote Independence [Yahoo! Finance]Yahoo! Finance
INNV
Earnings
- 2/6/24 - In-Line
INNV
Sec Filings
- 4/18/24 - Form 4
- 3/4/24 - Form 4
- 2/27/24 - Form 8-K
- INNV's page on the SEC website