ModivCare Inc. (MODV) Reports Q4, Announces Board Changes

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Go back to ModivCare Inc. (MODV) Reports Q4, Announces Board Changes

Modivcare Reports Fourth Quarter and Full Year 2024 Financial Results; Announces Changes to the Board of Directors

March 6, 2025 4:23 PM EST

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 months and full year ended December 31, 2024.

Fourth Quarter 2024 Summary:

Service revenue of $702.8 million, remaining consistent with the fourth quarter of 2023 Net loss of $23.5 million, or negative $1.64 per diluted common share Adjusted EBITDA(1) of $40.4 million, adjusted net income(1) of $2.7 million and adjusted EPS(1) of $0.19 per... More