Addus HomeCare Q2 revenue up 9.7% to $260M; adjusted EPS $1.07 (+17.6%); acquires Tennessee Quality Care

Addus HomeCare Corp

2023-Q2 EPS reported $1.69 revenue$511,579,000

Net service revenues $260.0M (+9.7% YoY); net income $14.9M ($0.91 diluted EPS).
Adjusted net income $17.4M ($1.07 diluted EPS), up 17.6% from $0.91 in Q2 2022.
Adjusted EBITDA $28.3M, +12.7% YoY; cash flow from operations $41.6M.
Definitive agreement to acquire Tennessee Quality Care (home health, hospice, private duty nursing) serving 50+ counties in TN.
Personal care organic same-store revenue +12.6%, home health -10.9%, hospice -1.1% (flat ex-sequestration).

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Addus HomeCare Corp reported the second quarter ended June 30, 2023 results: revenue $260.0 million, net income $14.9 million, EPS $0.91 per diluted share.

Period: the second quarter ended June 30, 2023
Revenue: $260.0 million
Net income: $14.9 million
EPS: $0.91 per diluted share
Result: reported results

Exact text from the filing

of home care services, today announced its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights : • Net Service Revenues Grow 9.7% to $260.0 Million • Net Income of $14.9 Million, or $0.91 per Diluted Share • Adjusted Net Income per Diluted Share Increases 17.6% year-over-year to $1.07 • Adjusted EBITDA Increases

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Addus HomeCare Corp filing history →

Source: SEC EDGAR

accession 0001193125-23-199181

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