8-K
filed November 9, 2022, 6:59 PM ET
ticker AVAH
CIK 0001832332
earnings
confidence high
sentiment negative
materiality 0.80
Aveanna Q3 revenue $443M (+7.7% YoY), adj EBITDA $24.7M vs $45.8M YoY
Aveanna Healthcare Holdings, Inc.
2022-Q3 EPS reported
-$2.29
revenue$1,336,498,000
- Revenue $443.0M, up 7.7% YoY; gross margin 30.4% vs 34.0% YoY.
- Adjusted net loss per diluted share $(0.03) vs adjusted net income $0.11 in prior year.
- Adjusted EBITDA $24.7M (5.6% of revenue) versus $45.8M (11.1% of revenue) in Q3 2021.
- CEO cites difficult labor environment and HHH system conversion impact; expects return to normal into 2023.
- Liquidity: $63.7M cash, $182.4M revolver available, $140M DDTL for acquisitions.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Aveanna Healthcare Holdings, Inc. reported three and nine-month periods ended October 1, 2022 results: revenue $1,336.5 million.
- Period
- three and nine-month periods ended October 1, 2022
- Revenue
- $1,336.5 million
- Result
- reported results
Exact text from the filing
Revenue was $443.0 million for the three-month period ended October 1, 2022, as compared to $411.3 million for the three-month period ended October 2, 2021, an increase of $31.7 million, or 7.7%.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Aveanna Healthcare Holdings, Inc. reported three and nine-month periods ended October 1, 2022 results: revenue $1,336.5 million.
- Period
- three and nine-month periods ended October 1, 2022
- Revenue
- $1,336.5 million
- Result
- reported results
Exact text from the filing
Revenue was $1,336.5 million for the nine-month period ended October 1, 2022, as compared to $1,264.5 million for the nine-month period ended October 2, 2021, an increase of $72.0 million, or 5.7%.
View on SEC.gov
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