AdaptHealth Corp. (AHCO) Misses Q4 EPS by 16c, Revenues Beat; Raises FY20 Oultook

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AdaptHealth Corp. Announces Fourth Quarter and Full Year 2019 Financial Results

February 25, 2020 6:00 AM EST

PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)-- AdaptHealth Corp. (NASDAQ: AHCO) (AdaptHealth or the Company), the third largest provider of home medical equipment (HME) in the United States, announced today financial results for the fourth quarter and full year ended December 31, 2019. Results for the 2019 periods included costs and expenses related to the closing of the previously announced business combination of AdaptHealth Holdings LLC (AdaptHealth Holdings) with the Company (formerly DFB Healthcare Acquisitions Corp. (DFB)) in November 2019.

Fourth Quarter 2019

Net revenue was $149.5 million, a 38% increase from the... More