secwatch.observer — SEC 8-K summary
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Issuer:     Addus HomeCare Corp (ADUS)
CIK:        0001468328
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0001193125-23-199181
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468328/000119312523199181/0001193125-23-199181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468328/000119312523199181/d501240d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-199181

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