Addus HomeCare Corporation announced its Q4 2020 financial results, with net service revenues increasing by 1.9% to $196.0 million. Net income was $8.4 million, or $0.53 per diluted share. Adjusted EBITDA increased by 11.6% to $20.9 million, and adjusted net income per diluted share was $0.82.
Net service revenues increased 1.9% to $196.0 million compared to Q4 2019.
Net income was $8.4 million, or $0.53 per diluted share, compared to $10.7 million, or $0.68 per diluted share, in Q4 2019.
Adjusted EBITDA increased 11.6% to $20.9 million compared to $18.8 million in Q4 2019.
Adjusted net income per diluted share was $0.82 compared to $0.73 in Q4 2019.
Addus is confident that they are well-positioned to achieve further profitable growth both organically and from acquisitions in 2021 and beyond.
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