---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-046224"
form_type: "8-K"
ticker: "ADUS"
cik: "0001468328"
company_name: "Addus HomeCare Corp"
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T15:01:42.104645+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Addus HomeCare Q4 revenue up 11.9% to $276.4M; full-year revenue tops $1B for first time

## Summary
- Q4 net income $19.6M ($1.20 diluted EPS); adjusted diluted EPS $1.32 (+18.9% YoY).
- Full-year 2023 net service revenue $1.06B (+11.3%); net income $62.5M vs $46.0M in 2022.
- Adjusted EBITDA Q4 $34.3M (+21.3%); full-year $121.0M (+19.3%).
- Personal care services organic growth 12.1% annual; hospice same-store revenue up 3.5% in Q4.
- Cash $64.8M, revolver availability $335.6M; management cites strong cash flow and acquisition pipeline for 2024.

## SEC filing metadata
- accession: 0001193125-24-046224
- form_type: 8-K
- ticker: ADUS
- cik: 0001468328
- company_name: Addus HomeCare Corp
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468328/000119312524046224/0001193125-24-046224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468328/000119312524046224/d751535d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-046224
- JSON: https://secwatch.observer/filing/0001193125-24-046224.json
- Plain text: https://secwatch.observer/filing/0001193125-24-046224.txt

## Key facts
- Earnings Releases
  Addus HomeCare Corp reported the fourth quarter and year ended December 31, 2023 results: revenue $276.4 million, net income $19.6 million, EPS $1.20 per diluted share.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: $276.4 million
  - Net income: $19.6 million
  - EPS: $1.20 per diluted share
  - Result: reported results
  source text: Net service revenues were $276.4 million for the fourth quarter of 2023, an 11.9% increase compared with $247.1 million for the fourth quarter of 2022. Net income was $19.6 million for the fourth quarter of 2023, compared with $14.8 million for the fourth quarter of 2022, while net income per diluted share was $1.20 compared with $0.91 for the same period a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468328/000119312524046224/0001193125-24-046224-index.htm

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