secwatch.observer — SEC 8-K summary
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Issuer:     InnovAge Holding Corp. (INNV)
CIK:        0001834376
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001558370-21-015275
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InnovAge Q1 revenue $173.1M (+13.4% YoY); net income $7.6M, EPS $0.06 vs loss $0.41
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- Total revenues $173.1M, up 13.4% from $152.6M in Q1 fiscal 2021.
- Net income $7.6M vs net loss $49.8M; diluted EPS $0.06 vs ($0.41) YoY.
- Adjusted EBITDA $18.2M (10.5% margin) vs $23.1M (15.1%) last year.
- Census ~6,990 participants, up 7.2% YoY; FY2022 guidance reaffirmed: revenue $712-725M, adj EBITDA $60-72M.
- Digital referrals up 65% QoQ; 89% of participants and 98% of employees vaccinated for COVID-19.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834376/000155837021015275/0001558370-21-015275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834376/000155837021015275/tmb-20211109x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-015275

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