Addus HomeCare (ADUS) Tops Q3 EPS by 1c

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Go back to Addus HomeCare (ADUS) Tops Q3 EPS by 1c

Addus HomeCare Announces Third-Quarter 2017 Financial Results

November 6, 2017 4:05 PM EST

FRISCO, Texas, Nov. 6, 2017 /PRNewswire/ -- Addus HomeCare Corporation (NASDAQ: ADUS), a provider of comprehensive home care services, today announced its financial results for the third quarter and nine months ended September 30, 2017.

Net service revenues were $108.6 million for the third quarter, an increase of 4.9% from $103.5 million for the third quarter of 2016. Net income more than doubled to $3.4 million for the third quarter of 2017 from $1.7 million for the third quarter last year, and net income per diluted share rose 93.3% to $0.29 from $0.15. Adjusted earnings per diluted share increased 7.7% to $0.42 for the third quarter... More