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Dec 31, 2019
AdaptHealth Q4 2019 Earnings Report
AdaptHealth reported record net revenues, Adjusted EBITDA, and Adjusted EBITDA less Patient Equipment Capex.
Key Takeaways
AdaptHealth announced financial results for the fourth quarter and full year ended December 31, 2019. The company reported record net revenues, Adjusted EBITDA, and Adjusted EBITDA less Patient Equipment Capex in Q4 2019.
AdaptHealth reported record 2019 results across key financial metrics.
The company closed on a near record number of acquisitions in 2019.
AdaptHealth generated strong organic top line growth in 2019.
Ordering patterns, particularly on Positive Airway Pressure (PAP) resupply, are typically highest in the fourth quarter.
Forward Guidance
AdaptHealth has increased its outlook for 2020 and now expects to generate net revenue of $765 million to $782 million, Adjusted EBITDA of $155 million to $158 million, and Adjusted EBITDA less Patient Equipment Capex of $95 million to $97 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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