Addus HomeCare (ADUS) Tops Q1 EPS by 7c

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Addus HomeCare Announces Preliminary First-Quarter 2020 Financial Results

May 4, 2020 4:05 PM EDT

FRISCO, Texas, May 4, 2020 /PRNewswire/ -- Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced preliminary financial results for the first quarter ended March 31, 2020.

Net service revenues were $190.2 million for the first quarter of 2020, an increase from the first quarter of 2019. Net income increased to $8.7 million and net income per diluted share increased to $0.54, in comparison with the prioryear period. Adjusted net income per diluted share grew to $0.77 from the first quarter of 2019.

Adjusted net income per diluted share for the first quarter of 2020 excludes COVID-19... More