earnings
confidence high
sentiment positive
materiality 0.75
Aveanna Q1 revenue $490.7M (+5.2%), net loss narrows to $11.2M; raises FY2024 guidance
Aveanna Healthcare Holdings, Inc.
2024-Q1 EPS reported
-$0.06
revenue$490,653,000
- Q1 revenue $490.7M (+5.2% YoY); gross margin $145.9M (29.7% of revenue).
- Net loss improved to $11.2M from $32.0M; diluted EPS loss $(0.06) vs $(0.17).
- Adjusted EBITDA $34.9M (+22.5% YoY), margin 7.1% vs 6.1%.
- FY2024 revenue guidance raised to >$1,970M; adjusted EBITDA raised to >$150M.
- Private Duty Services revenue +$22.1M; Home Health & Hospice revenue -$1.5M.