secwatch.observer — SEC 8-K summary
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Issuer:     Addus HomeCare Corp (ADUS)
CIK:        0001468328
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001193125-24-046224
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468328/000119312524046224/0001193125-24-046224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468328/000119312524046224/d751535d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-046224

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