earnings
confidence high
sentiment positive
materiality 0.70
Addus HomeCare Q2 revenue up 18.1% to $217.9M; closes Armada acquisition, expands credit facility
Addus HomeCare Corp
2021-Q2 EPS reported
$1.28
revenue$423,195,000
- Net service revenues $217.9M (+18.1% YoY); net income $11.6M (+67.9%); diluted EPS $0.72.
- Adjusted diluted EPS $0.90 (+23.3%); adjusted EBITDA $24.3M (+30.1%).
- Organic personal care growth 7.4%; home health revenue up 24.7%.
- Closed Armada Home Health acquisition in New Mexico on Aug 1, 2021.
- Expanded revolving credit facility to $600M (from $300M) with maturity extended to July 2026.