Addus HomeCare (ADUS) Tops Q3 EPS by 2c

Go back to Addus HomeCare (ADUS) Tops Q3 EPS by 2c

Addus HomeCare Announces Third Quarter 2024 Financial Results

November 4, 2024 4:05 PM UTC

FRISCO, Texas--(BUSINESS WIRE)-- Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the third quarter and nine months ended September 30, 2024.

Third Quarter 2024 Highlights:

Net Service Revenues Increase 7.0% to $289.8 Million Net Income of $20.2 Million, or $1.10 per Diluted Share Adjusted Net Income per Diluted Share Increases 13.0% to $1.30 Adjusted EBITDA Increases 11.1% to $34.3 Million Cash Flow from Operations of $48.5 Million

Overview

Net service revenues were $289.8 million for the third quarter of 2024, a 7.0% increase... More