---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-266181"
form_type: "8-K"
ticker: "ADUS"
cik: "0001468328"
company_name: "Addus HomeCare Corp"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T05:48:46.443993+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Addus HomeCare Q3 revenue rises 12.6% to $270.7M; adj. EPS $1.15, up 22.3% YoY

## Summary
- Net service revenues up 12.6% to $270.7M; net income $15.4M ($0.95 diluted EPS) vs $11.5M ($0.71) a year ago.
- Adjusted net income per diluted share increased 22.3% YoY to $1.15; adjusted EBITDA rose 20% to $30.9M.
- Personal care segment saw 13.9% organic same-store revenue growth; accounted for 74.6% of total revenue.
- Cash from ops $21.8M; ended Q3 with $79.8M cash and $166.4M debt; $275.6M revolver availability.
- Acquired Tennessee Quality Care on Aug 1, 2023; integration proceeding well; expects future strategic acquisitions.

## SEC filing metadata
- accession: 0001193125-23-266181
- form_type: 8-K
- ticker: ADUS
- cik: 0001468328
- company_name: Addus HomeCare Corp
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468328/000119312523266181/0001193125-23-266181-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468328/000119312523266181/d503415d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-266181
- JSON: https://secwatch.observer/filing/0001193125-23-266181.json
- Plain text: https://secwatch.observer/filing/0001193125-23-266181.txt

## Key facts
- Earnings Releases
  Addus HomeCare Corp reported the first nine months ended September 30, 2023 results: revenue $782.3 million, net income $42.9 million, EPS $2.63 per diluted share.
  - Period: the first nine months ended September 30, 2023
  - Revenue: $782.3 million
  - Net income: $42.9 million
  - EPS: $2.63 per diluted share
  - Result: reported results
  source text: For the first nine months of 2023, net service revenues increased 11.1% to $782.3 million from $704.1 million for the prior-year period. Net income was $42.9 million for the first nine months of 2023 compared with $31.3 million for the same period in 2022, and net income per diluted share was $2.63 compared with $1.94 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468328/000119312523266181/0001193125-23-266181-index.htm
- Earnings Releases
  Addus HomeCare Corp reported the third quarter ended September 30, 2023 results: revenue $270.7 million, net income $15.4 million, EPS $0.95 per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $270.7 million
  - Net income: $15.4 million
  - EPS: $0.95 per diluted share
  - Result: reported results
  source text: today announced its financial results for the third quarter and nine months ended September 30, 2023. Third Quarter 2023 Highlights : • Net Service Revenues Grow 12.6% to $270.7 Million • Net Income of $15.4 Million, or $0.95 per Diluted Share • Adjusted Net Income per Diluted Share Increases 22.3% year-over-year to $1.15 • Adjusted EBITDA Increases 20.0%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468328/000119312523266181/0001193125-23-266181-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.