secwatch.observer — SEC 8-K summary
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Issuer:     Addus HomeCare Corp (ADUS)
CIK:        0001468328
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0001193125-23-266181
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468328/000119312523266181/0001193125-23-266181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468328/000119312523266181/d503415d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-266181

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