Addus HomeCare (ADUS) Tops Q1 EPS by 4c

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Go back to Addus HomeCare (ADUS) Tops Q1 EPS by 4c

Addus HomeCare Announces First-Quarter 2017 Results And Completion Of A New Senior Secured Credit Facility

May 8, 2017 4:10 PM EDT

FRISCO, Texas, May 8, 2017 /PRNewswire/ -- Addus HomeCare Corporation (NASDAQ: ADUS), a provider of comprehensive home care services, today announced its financial results for the first quarter ended March 31, 2017.

For the first quarter, net service revenues increased 9.7% to $101.6 million from $92.6 million for the first quarter of 2016. Net income was $4.3 million, or $0.37 per diluted share, for the latest quarter, compared with $157,000, or $0.01 per diluted share, for the first quarter of 2016. Adjusted net income per diluted share was $0.34, an increase of 21.4% from $0.28 for the first quarter of 2016. (See pages 7 and 8 for a... More