Addus HomeCare (ADUS) Tops Q1 EPS by 1c

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Go back to Addus HomeCare (ADUS) Tops Q1 EPS by 1c

Addus HomeCare Announces First Quarter 2022 Financial Results

May 2, 2022 4:05 PM EDT

FRISCO, Texas--(BUSINESS WIRE)-- Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the first quarter ended March 31, 2022.

First Quarter 2022 Highlights:

Revenues Grow 10.4% to $226.6 Million Net Income of $8.5 Million, or $0.53 per Diluted Share Adjusted Earnings per Diluted Share Increases to $0.77 Adjusted EBITDA Increases 16.1% to $22.4 Million Hospice Same Store Revenue Increases 4.4%

Overview

Net service revenues were $226.6 million for the first quarter of 2022, a 10.4% increase compared with $205.3 million for the first... More