Addus HomeCare (ADUS) Tops Q1 EPS by 5c

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Addus HomeCare Announces First-Quarter 2019 Financial Results

May 6, 2019 4:05 PM EDT

FRISCO, Texas, May 6, 2019 /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, 2019.

Net service revenues were $139.3 million for the first quarter of 2019, up 27.2% from $109.5 million for the first quarter of 2018. Net income was $4.9 million, compared with $4.9 million for the first quarter of 2018, while net income per diluted share was $0.36, compared with $0.42 per diluted share for the prior-year period. Adjusted net income per diluted share grew 23.8% to $0.52 for the first quarter of 2019 from $0.42 for... More