secwatch.observer — SEC 8-K summary
======================================

Issuer:     Addus HomeCare Corp (ADUS)
CIK:        0001468328
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001193125-24-193948
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Addus Q2 revenue up 10.4% to $286.9M, adjusted EPS $1.35; announces $350M Gentiva acquisition
--------------------------------------------------------------------------------

- Net service revenues $286.9M (+10.4% YoY); net income $18.1M ($1.10 diluted EPS).
- Adjusted EBITDA $35.3M (+24.7%); adjusted EPS $1.35 vs $1.07 prior year.
- Personal care same-store revenue up 8.8% YoY; hospice segment 6.3% organic growth.
- Definitive agreement to acquire Gentiva's personal care ops for ~$350M; expected close Q4 2024.
- Completed public offering of 1.725M shares at $108/share, net proceeds $176.1M; also selling NY operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468328/000119312524193948/0001193125-24-193948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468328/000119312524193948/d881333d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-193948

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer