Providence Service (PRSC) Tops Q3 EPS by $1.21, Revenues Miss

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Go back to Providence Service (PRSC) Tops Q3 EPS by $1.21, Revenues Miss

The Providence Service Corporation Reports Third Quarter 2020 Financial Results

November 6, 2020 6:30 AM EST

ATLANTA--(BUSINESS WIRE)-- The Providence Service Corporation (the Company or Providence) (Nasdaq: PRSC), the nations largest provider of non-emergency medical transportation (NEMT) programs and holder of a minority interest in Matrix Medical Network, today reported financial results for the three months ended September 30, 2020.

Third Quarter 2020 Highlights:

Revenue of $320.6 million Income from continuing operations, net of tax, of $38.9 million or $2.51 per diluted common share Adjusted EBITDA of $55.3 million, Adjusted Net Income of $38.2 million and Adjusted EPS of $2.69 Net cash provided by operating... More