ModivCare Inc. (MODV) Misses Q4 EPS by 54c, Revenues Miss

Go back to ModivCare Inc. (MODV) Misses Q4 EPS by 54c, Revenues Miss

ModivCare Reports Fourth Quarter and Full Year 2020 Financial Results

February 26, 2021 6:30 AM EST

ATLANTA--(BUSINESS WIRE)-- ModivCare Inc., formerly The Providence Service Corporation, (the Company or ModivCare) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions focused on improving patient outcomes, today reported financial results for the three months and full year ended December 31, 2020.

Fourth Quarter 2020 Highlights:

Revenue of $398.5 million Loss from continuing operations, net of tax, was $2.9 million, or $0.21 per common share, primarily a result of non-recurring bond financing and acquisition-related costs Adjusted EBITDA of $41.6 million, Adjusted... More