earnings
confidence high
sentiment positive
materiality 0.75
Aveanna Q3 revenue $509M (+6.5% YoY); Adj EBITDA $47.8M (+32.2%); raises FY24 guidance
Aveanna Healthcare Holdings, Inc.
2024-Q3 EPS reported
-$0.21
revenue$1,504,634,000
- Q3 revenue $509.0M, up 6.5% YoY; gross margin improved to 31.4% from 30.8%.
- Net loss narrowed to $42.8M from $102.4M; adjusted net income $4.6M (adjusted EPS $0.02) vs loss of $0.03.
- Adjusted EBITDA $47.8M, up 32.2% vs prior year.
- FY2024 revenue guidance raised to ~$2.0B; Adjusted EBITDA guidance raised to >$168M.
- Private Duty Services revenue increased $24.8M, Medical Solutions +$5.1M, Home Health & Hospice +$1.2M.