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Mar 31, 2022
Modivcare Q1 2022 Earnings Report
Reported revenue increased by 26.6% compared to Q1 2021.
Key Takeaways
Modivcare reported a revenue of $574.5 million, a 26.6% increase compared to Q1 2021. Net income was $0.3 million, or $0.02 per diluted common share. Adjusted EBITDA was $50.3 million, and Adjusted EPS was $1.57.
Revenue of $574.5 million, a 26.6% increase as compared to $453.6 million in Q1 2021
Net income of $0.3 million or $0.02 per diluted common share
Adjusted EBITDA of $50.3 million, Adjusted Net Income of $22.2 million and Adjusted EPS of $1.57
Net cash provided by operating activities during the quarter of $69.1 million
Modivcare
Modivcare
Forward Guidance
No specific forward guidance was provided in the press release.