earnings
confidence high
sentiment neutral
materiality 0.70
Addus HomeCare Q2 revenue rises 8.7% to $236.9M, adjusted EPS $0.91, cash flow $56.5M
Addus HomeCare Corp
2022-Q2 EPS reported
$1.22
revenue$463,574,000
- Net revenue $236.9M, +8.7% YoY; net income $11.3M ($0.70 diluted EPS, vs $0.72 last year).
- Adjusted EPS $0.91 vs $0.90; adjusted EBITDA $25.1M, +3.1%.
- Personal care same-store revenue up 2.5%; home health up 24.6% from acquisitions; hospice includes JourneyCare.
- Paid down $60M on revolver; debt $196.3M, cash $120.9M; operating cash flow $56.5M incl. $14.2M ARPA.
- Looking ahead: robust acquisition pipeline; labor challenges persist but managing effectively.