ModivCare Inc. (MODV) Tops Q2 EPS by 85c

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Go back to ModivCare Inc. (MODV) Tops Q2 EPS by 85c

ModivCare Reports Second Quarter 2021 Financial Results

August 6, 2021 6:00 AM EDT

DENVER--(BUSINESS WIRE)-- ModivCare Inc. (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 and six months ended June 30, 2021.

Second Quarter 2021 Highlights:

Revenue of $474.4 million, a 68.1% increase as compared to $282.3 million in the second quarter of 2020 Income from continuing operations, net of tax, of $13.8 million or $0.97 per diluted common share Adjusted EBITDA of $53.1 million, Adjusted Net Income of $30.2 million... More