earnings
confidence high
sentiment neutral
materiality 0.75
Aveanna Q3 revenue up 7.9% to $478M; net loss $102.4M on $105.1M impairment; raises FY guidance
Aveanna Healthcare Holdings, Inc.
2023-Q3 EPS reported
-$0.57
revenue$1,416,368,000
- Revenue $478.0M (+7.9% YoY); gross margin $147.3M (+9.4%).
- Net loss $102.4M includes $105.1M non-cash goodwill impairment vs net income $24.3M in Q3 2022.
- Adjusted EBITDA $36.2M (+46.2% YoY); adjusted net loss per share $(0.03) unchanged.
- FY 2023 revenue guidance raised to $1.87B-$1.88B; Adj. EBITDA guidance raised to $134M-$137M.
- CEO cites continued momentum and execution on 2023 initiatives.