Addus HomeCare (ADUS) Tops Q4 EPS by 4c, Slight Beat on Revenues

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Go back to Addus HomeCare (ADUS) Tops Q4 EPS by 4c, Slight Beat on Revenues

Addus HomeCare Announces Fourth-Quarter 2018 Financial Results

March 4, 2019 4:05 PM EST

FRISCO, Texas, March 4, 2019 /PRNewswire/ -- Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the fourth quarter and year ended December 31, 2018.

Net service revenues increased 24.8% for the quarter to $139.8 million from $112.0 million for the fourth quarter of 2017. Net income for the quarter was $4.8 million, an increase of 52.6% from $3.1 million for the fourth quarter of 2017.  Net income per diluted share for the fourth quarter of 2018 was $0.36, compared with $0.27 per diluted share for the fourth quarter of 2017, an increase of 33.3%.  Adjusted net income per diluted... More