AdaptHealth Corp. (AHCO) Misses Q1 EPS by 10c
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AdaptHealth Corp. (AHCO) Announces $200M Share Buyback, Reports Q1 Results
May 10, 2022 7:01 AM EDTAdaptHealth Corp. (NASDAQ: AHCO) announced today financial results for the first quarter ended March 31, 2022, and announced the authorization of a share repurchase program for up to $200 million.
First Quarter Results and Highlights
AdaptHealth delivered solid net revenue and Adjusted EBITDA for the first quarter, as it began to overcome ongoing challenges resulting from shortages of CPAP equipment.Net revenue was $706.2 million compared to $482.1 million in the first quarter of 2021, an increase of 46.5%.Net income attributable to AdaptHealth Corp. was $41.8... More