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Dec 31, 2019
Addus Q4 2019 Earnings Report
Addus HomeCare reported strong preliminary fourth-quarter and fiscal year 2019 financial results.
Key Takeaways
Addus HomeCare announced a delay in filing its Annual Report on Form 10-K and its earnings call but reported strong preliminary unaudited financial results for Q4 2019. Net service revenues for the fourth quarter of 2019 increased to $192.4 million, and net income increased to $10.7 million.
Net service revenues increased to $192.4 million for the fourth quarter of 2019.
Net income for the quarter increased to $10.7 million, or 5.6% of revenue.
Net income per diluted share for the fourth quarter of 2019 increased to $0.68.
Adjusted net income per diluted share was $0.73 for the fourth quarter of 2019.
Forward Guidance
The company believes COVID-19 could have an effect on our financial results and operations, but they aren’t able to assess the potential impact at this time.
Historical Earnings Impact
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