secwatch.observer — SEC 8-K summary
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Issuer:     InnovAge Holding Corp. (INNV)
CIK:        0001834376
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001834376-24-000084
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InnovAge Q1 revenue $205.1M (+12.4% YoY), net loss narrows to $5.7M from $11.0M
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- Revenue $205.1M, up 12.4% YoY; center-level contribution margin 16.8% +1.5pp.
- Net loss $5.7M vs $11.0M YoY; diluted EPS -$0.04 vs -$0.08.
- Adjusted EBITDA $6.5M vs $1.3M YoY; margin 3.2% vs 0.7%.
- Census ~7,210 participants, up 9.6% from 6,580 YoY.
- Cash & equivalents $39.0M, short-term investments $46.7M; debt $81.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834376/000183437624000084/0001834376-24-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834376/000183437624000084/innv-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001834376-24-000084

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