Addus HomeCare (ADUS) Misses Q2 EPS by 1c

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Go back to Addus HomeCare (ADUS) Misses Q2 EPS by 1c

Addus HomeCare Announces Second-Quarter 2018 Financial Results

August 6, 2018 4:05 PM EDT

FRISCO, Texas, Aug. 6, 2018 /PRNewswire/ -- Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the second quarter and six months ended June 30, 2018.

Net service revenues increased 26.7% for the second quarter to $131.2 million from $103.6 million for the second quarter of 2017. Net income increased 59.1% to $4.3 million for the second quarter of 2018 from $2.7 million for the second quarter last year, while net income per diluted share increased 56.5% to $0.36 from $0.23. In addition, net income margin increased to 3.3% from 2.6%.  Adjusted net income per diluted share grew 31.6% to... More