Addus HomeCare (ADUS) Tops Q1 EPS by 9c

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Go back to Addus HomeCare (ADUS) Tops Q1 EPS by 9c

Addus HomeCare Announces First Quarter 2023 Financial Results

May 1, 2023 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, 2023.

First Quarter 2023 Highlights:

Revenues Grow 11.0% to $251.6 Million Net Income of $12.7 Million, or $0.78 per Diluted Share Adjusted Net Income per Diluted Share Increases to $0.97 Adjusted EBITDA Increases 16.2% to $26.0 Million Cash Flow from Operations of $18.8 Million

Overview

Net service revenues were $251.6 million for the first quarter of 2023, an 11.0% increase compared with $226.6 million for... More