InnovAge reports Q3 fiscal 2024 revenue up 12% YoY to $193.1M; net loss narrows to $0.04 EPS

InnovAge Holding Corp.

2024-Q3 EPS reported -$0.14 revenue$564,454,000

Total revenue $193.1M, up 11.9% YoY from $172.5M; participant census 6,820 vs 6,310 (+8%).
Net loss $6.2M vs $7.3M YoY; loss per share ($0.04) vs ($0.05), improvement of $0.01.
Center-level contribution margin $34.0M, up 18.1% YoY; margin rate 17.6% vs 16.7%.
Adjusted EBITDA $3.6M vs $3.8M YoY; margin 1.9% vs 2.2%, slight decrease.
Cash & short-term investments $99.3M, debt $81.3M; ended Q3 with $54.1M cash + $45.2M ST investments.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

InnovAge Holding Corp. reported fiscal third quarter ended March 31, 2024 results: revenue $ 193,071, net income $(6,184), EPS $ (0.04).

Period: fiscal third quarter ended March 31, 2024
Revenue: $ 193,071
Net income: $(6,184)
EPS: $ (0.04)
Result: reported results

Exact text from the filing

care.” Financial Results Three Months Ended March 31, Nine Months Ended March 31, 2024 2023 2024 2023 in thousands, except percentages and per share amounts Total revenues $ 193,071 $ 172,539 $ 564,454 $ 511,213 Loss Before Income Taxes (6,408) (8,675) (20,873) (39,304) Net Loss (6,184) (7,310) (20,967) (31,557) Net Loss margin (3.2) % (4.2) % (3.7) % (6.2) %

View on SEC.gov

708 earnings releases filed in the last 30 days. Browse all earnings releases →

InnovAge Holding Corp. filing history →

Source: SEC EDGAR

accession 0001834376-24-000021

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.