secwatch.observer — SEC 8-K summary
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Issuer:     AdaptHealth Corp. (AHCO)
CIK:        0001725255
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001628280-24-020835
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AdaptHealth Q1 net loss $2.1M, revenue up 6.4% to $792.5M, adj. EBITDA up 18.3%
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- Net revenue $792.5M (+6.4% YoY); net loss $2.1M vs net income $15.7M prior year.
- Adjusted EBITDA $158.5M (+18.3%), margin 20.0%.
- Operating cash flow $49.0M, down from $140.2M due to Change Healthcare breach; free cash flow ($38.9M).
- Non-acquired revenue growth 6.2%; leverage expected below 3x in 2024.
- Chairman/Interim CEO Richard Barasch stepping away; Suzanne Foster to assume leadership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725255/000162828024020835/0001628280-24-020835-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725255/000162828024020835/ahco-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-020835

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