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Addus HomeCare Corp. - $ADUS STOCK NEWS

Welcome to our dedicated page for Addus HomeCare news (Ticker: $ADUS), a resource for investors and traders seeking the latest updates and insights on Addus HomeCare stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Addus HomeCare's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

Addus HomeCare (Nasdaq: ADUS) will participate in the BofA Securities Health Care Conference 2024 in Las Vegas, Nevada. The company's top executives will be present at the conference to showcase their services and engage with potential investors. A live broadcast and replay of the presentation will be available on the company's website for one month.

Rhea-AI Impact
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End-of-Day
6.84%
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conferences
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Rhea-AI Summary

Addus HomeCare (NASDAQ: ADUS) announced its first quarter 2024 financial results, showing an 11.6% revenue growth to $280.7 million. Net income was $15.8 million, with adjusted net income per diluted share increasing to $1.21. Adjusted EBITDA rose by 24.6% to $32.4 million. The company is focused on strategic growth, investing in acquisitions, and maintaining a strong financial position.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.84%
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Rhea-AI Summary
Addus HomeCare (Nasdaq: ADUS) responds to the final rule 'Ensuring Access to Medicaid Services' by the Department of Health and Human Services. The rule mandates that 80% of Medicaid payments for personal care services be spent on direct care workforce compensation, with a six-year compliance period. While supporting the goal to expand access to services, Addus expresses disappointment over the 80% threshold due to industry challenges. The company plans to assess the rule's impact on its business and advocate for increased reimbursement for home care services.
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End-of-Day
1.36%
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none
Rhea-AI Summary
Addus HomeCare (Nasdaq: ADUS) has announced the release of their first-quarter 2024 earnings on May 6, 2024, after the market close, with a conference call scheduled for May 7, 2024. The call will feature key executives discussing the financial results, including Dirk Allison, Chairman and CEO.
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Rhea-AI Sentiment
End-of-Day
-3.81%
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Rhea-AI Summary
Addus HomeCare Corporation (ADUS) executives to participate in Oppenheimer 34th Annual Healthcare MedTech & Services Conference. Live broadcast and replay of presentation available on the company's website.
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Rhea-AI Sentiment
End-of-Day
2.03%
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conferences
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Rhea-AI Summary
Addus HomeCare Corporation (ADUS) executives to participate in Raymond James & Associates conference. Live broadcast and replay of presentation available on company website. Event scheduled for March 3-6, 2024, in Orlando, Florida.
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Rhea-AI Sentiment
End-of-Day
5.46%
Tags
conferences
Rhea-AI Summary
Addus HomeCare Corporation (NASDAQ: ADUS) reported strong financial results for Q4 2023, with net service revenues growing by 11.9% to $276.4 million. Net income was $19.6 million, adjusted EBITDA increased by 21.3%, and cash flow from operations was $30.0 million. For the full year 2023, net service revenues increased by 11.3% to $1.06 billion, with net income of $62.5 million and adjusted EBITDA of $121.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.46%
Tags
-
Rhea-AI Summary
Addus HomeCare Corporation (ADUS) is set to release its earnings for the fourth quarter and year-ended December 31, 2023, on February 26, 2024. The company will host a conference call on February 27, 2024, with top executives present. Investors can access the call through various channels for updates and insights.
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Rhea-AI Sentiment
End-of-Day
1.36%
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-
Rhea-AI Summary
Addus HomeCare Corporation (Nasdaq: ADUS) announced that its CEO, COO, and CFO will participate in the Stephens Annual Investment Conference in Nashville, Tennessee. The conference will be broadcasted live on the company's website starting at 10:00 a.m. ET on November 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
Tags
conferences
Rhea-AI Summary
Addus HomeCare Corporation (NASDAQ: ADUS) reported its financial results for Q3 2023, with net service revenues growing 12.6% to $270.7 million. Net income was $15.4 million, or $0.95 per diluted share. Adjusted net income per diluted share increased 22.3% YoY to $1.15. Adjusted EBITDA increased 20.0% YoY to $30.9 million. Cash flow from operations was $21.8 million.
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Rhea-AI Sentiment
End-of-Day
-5.16%
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Addus HomeCare Corp.

Nasdaq:ADUS

ADUS Rankings

ADUS Stock Data

1.71B
15.67M
2.08%
98.86%
2.18%
Home Health Care Services
Health Care and Social Assistance
Link
United States of America
FRISCO

About ADUS

addus homecare corporation provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the united states. it operates in three segments: personal care, hospice, and home health. the personal care segment provides non-medical assistance with activities of daily living. this segment's services include assistance with bathing, grooming, oral care, feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services. the hospice segment provides palliative nursing care, social work, spiritual counseling, homemaker, and bereavement counseling services for people who are terminally ill, as well as related services for their families. the home health segment offers skilled nursing and physical, occupational, and speech therapy for the individuals who requires assistance during an illness or after hospitalization. the company's payor clients include f