earnings
confidence high
sentiment positive
materiality 0.75
Addus HomeCare Q1 revenue up 11% to $251.6M; adj. EPS $0.97 vs $0.77; adj. EBITDA up 16.2%
Addus HomeCare Corp
2023-Q1 EPS reported
$0.78
revenue$251,599,000
- Revenue $251.6M (+11.0% YoY); net income $12.7M ($0.78 diluted EPS) vs $8.5M ($0.53) prior year.
- Adjusted EBITDA $26.0M (+16.2%); adjusted diluted EPS $0.97 vs $0.77 (non-GAAP).
- Personal care segment revenue +11.4% same-store; Illinois rate increase effective Jan 1 and additional April 1, 2023.
- Home health revenue +13.8% same-store (incl. Apple Home Healthcare acquisition); hospice revenue +2.6% same-store.
- Cash from operations $18.8M; cash $73.5M, debt $111.4M; $275.7M revolver availability.