earnings
confidence high
sentiment positive
materiality 0.75
Addus HomeCare Q1 revenue up 11.6% to $280.7M, adjusted EPS $1.21, EBITDA up 24.6%
Addus HomeCare Corp
2024-Q1 EPS reported
$0.97
revenue$280,746,000
- Revenue $280.7M (+11.6% YoY); net income $15.8M ($0.97 diluted EPS).
- Adjusted net income per diluted share $1.21; adjusted EBITDA $32.4M (+24.6% YoY).
- Personal care segment (74.1% of revenue) same-store growth 9.3%; hospice organic revenue +5.8%.
- Operating cash flow $38.7M ($30.9M ex-ARPA); revolver balance reduced by $25M.
- No formal FY2024 guidance provided; management notes strong demand and M&A focus.