Addus HomeCare (ADUS) Reports In-Line Q4 EPS, Material Weakness in Internal Controls

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Addus HomeCare Announces Fourth Quarter 2015 Results

March 7, 2016 4:05 PM EST

DOWNERS GROVE, Ill., March 7, 2016 /PRNewswire/ -- Addus HomeCare Corporation (NASDAQ: ADUS), a comprehensive provider of home and community-based personal care services provided in the home and focused on the dual eligible population, today announced its financial results for the fourth quarter and year ended December 31, 2015. 

For the fourth quarter, net service revenues were $84.8 million, a 2.6% increase from $82.6 million for the fourth quarter of 2014. Net income from continuing operations was $3.1 million, or $0.27 per diluted share, for the fourth quarter of 2015 compared with $3.6 million, or $0.33 per diluted share, for the prior-year fourth quarter. Adjusted diluted net income per... More