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.
Addus HomeCare Corporation provides in-home care services, primarily personal care assistance with activities of daily living, along with hospice and home health services. Its consumers include elderly, chronically ill and disabled individuals who may otherwise face hospitalization or institutional care, and its payor clients include government agencies, managed care organizations, commercial insurers and private individuals.
Company news commonly covers quarterly and annual operating results, investor conference participation, acquisition activity, debt and capital allocation commentary, and updates tied to the personal care, hospice and home health service mix.
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Addus HomeCare Corporation (NASDAQ: ADUS) will release its earnings for the first quarter ended March 31, 2023, on May 1, 2023, after market close. A conference call to discuss the results is scheduled for May 2, 2023, at 9:00 a.m. ET. The call will feature key executives including Dirk Allison, CEO, and Brian Poff, CFO. Interested parties can join by dialing (833) 629-0620. A replay of the call will be available until May 9, 2023. Addus HomeCare provides essential home care services to approximately 47,500 consumers across 203 locations in 22 states, focusing on personal care and support for the elderly and disabled. For additional information, visit www.addus.com.
Addus HomeCare Corporation (NASDAQ: ADUS) appointed Heather Dixon, CPA, as an independent board member effective March 1, 2023. She takes over the seat previously held by Steven Geringer and will also serve on the Audit Committee. Currently the CFO at Everside Health, Dixon has extensive experience in financial roles at major healthcare organizations, including Walgreens and Aetna. Dirk Allison, Chairman and CEO, expressed confidence in Dixon's expertise, emphasizing her potential contribution to corporate governance and growth strategies. Addus HomeCare provides vital home care services to 46,500 consumers across 22 states.
Addus HomeCare Corporation (NASDAQ: ADUS) announces participation in the Oppenheimer 33rd Annual Healthcare Conference on March 14, 2023. Dirk Allison, Chairman, President, and Brian Poff, Executive Vice President and CFO, will represent the company. A live broadcast of the presentation will start at 9:20 a.m. Eastern Time and will be accessible via the investor relations section of their website. An online replay will be available for one month post-event. Addus HomeCare provides home care services to around 46,500 consumers across 202 locations in 22 states, focusing on assisting vulnerable populations.
Addus HomeCare Corporation (NASDAQ: ADUS) reported Q4 and full-year 2022 financial results, highlighting a 10.0% revenue increase to $247.1 million in Q4 and $951.1 million for the year. Net income rose to $14.8 million in Q4, with adjusted earnings per diluted share at $1.11. Adjusted EBITDA for Q4 grew 5.4% to $28.2 million. Despite challenges like staffing shortages and inflation, Addus maintained cash flow from operations at $24.3 million in Q4. The company continues to invest in technology and acquisitions, anticipating a favorable acquisition environment in 2023, with a strong focus on expanding clinical services.
Addus HomeCare Corporation (Nasdaq: ADUS) announced that its Chairman and CEO, Dirk Allison, along with CFO Brian Poff, will participate in the Raymond James & Associates 44th Annual Institutional Investors Conference from March 5-8, 2023, in Orlando, Florida. A live broadcast of their presentation will be available on the company's website, starting at 9:15 a.m. ET on March 8. The replay will remain accessible for one month. Addus HomeCare offers critical personal care and home health services to approximately 46,500 consumers across 202 locations in 22 states.