Addus HomeCare (ADUS) Tops Q2 EPS by 1c

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Go back to Addus HomeCare (ADUS) Tops Q2 EPS by 1c

Addus HomeCare Announces Second Quarter 2022 Financial Results

August 1, 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 second quarter and six months ended June 30, 2022.

Second Quarter 2022 Highlights:

Revenues Grow 8.7% to $236.9 Million Net Income of $11.3 Million, or $0.70 per Diluted Share Adjusted Earnings per Diluted Share Increases to $0.91 Adjusted EBITDA Increases 3.1% to $25.1 Million Cash flow from operations of $56.5 Million

Overview

Net service revenues were $236.9 million for the second quarter of 2022, an 8.7% increase compared with $217.9... More