earnings
confidence high
sentiment negative
materiality 0.65
AdaptHealth Q3 revenue $756.5M (+15.8% YoY); net income drops 72% to $16.1M; FY guidance narrowed
AdaptHealth Corp.
2022-Q3 EPS reported
$0.35
revenue$2,190,312,000
- Q3 2022 net revenue $756.5M vs $653.3M in Q3 2021, +15.8%.
- Net income $16.1M ($0.11 diluted EPS) vs $58.1M ($0.20) in Q3 2021.
- Adjusted EBITDA $160.2M, +2.5% YoY; cash from ops $107.0M vs $27.1M.
- FY2022 guidance updated: revenue $2.950B-$3.010B; adjusted EBITDA $620M-$650M.
- Repurchased $10.6M of common stock during quarter under existing authorization.