Addus HomeCare (ADUS) Tops Q3 EPS by 3c

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Addus HomeCare Announces Third-Quarter 2018 Financial Results

November 5, 2018 4:05 PM EST

FRISCO, Texas, Nov. 5, 2018 /PRNewswire/ -- 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, 2018.

Net service revenues increased 26.7% for the third quarter to $137.6 million from $108.6 million for the third quarter of 2017. Net income increased 4.0% to $3.5 million for the third quarter of 2018 from $3.4 million for the third quarter last year, while net income per diluted share was $0.28 compared with $0.29. Adjusted net income per diluted share grew 14.3% to $0.48 for the third quarter of 2018 from... More