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

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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