ModivCare Inc. (MODV) Tops Q1 EPS by 14c

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Go back to ModivCare Inc. (MODV) Tops Q1 EPS by 14c

Modivcare Reports First Quarter 2022 Financial Results

May 5, 2022 6:00 AM EDT

DENVER--(BUSINESS WIRE)-- Modivcare Inc., (the Company or Modivcare) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving patient outcomes, today reported financial results for the three months ended March 31, 2022.

First Quarter 2022 Highlights:

Revenue of $574.5 million, a 26.6% increase as compared to $453.6 million in Q1 2021 Net income of $0.3 million or $0.02 per diluted common share Adjusted EBITDA of $50.3 million, Adjusted Net Income of $22.2 million and Adjusted EPS of... More