Addus HomeCare announced preliminary financial results for Q1 2020, with revenue increasing to $190.2 million and net income rising to $8.7 million, or $0.54 per diluted share. Adjusted diluted earnings per share reached $0.77 and adjusted EBITDA increased to $17.7 million.
Net service revenues reached $190.2 million.
Net income increased to $8.7 million, with earnings per diluted share at $0.54.
Adjusted net income per diluted share grew to $0.77.
Adjusted EBITDA increased to $17.7 million.
Addus will continue to execute its growth strategy, focusing on both organic growth and potential acquisitions while prioritizing the health and safety of caregivers, employees, and patients.
Analyze how earnings announcements historically affect stock price performance