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 (NASDAQ: ADUS) is a provider of home care services, with a focus on personal care, hospice and home health delivered in the home setting. The company’s news flow, as reflected in its press releases and SEC-furnished announcements, centers on financial results, acquisitions, reimbursement developments and participation in healthcare investor conferences.
Investors following ADUS news will see regular quarterly earnings releases in which the company reports net service revenues, segment performance and non-GAAP measures such as adjusted EBITDA and adjusted net income. These releases also discuss trends in its personal care, hospice and home health segments, including organic revenue growth, payor mix and operational metrics like average daily census and billable hours.
Another recurring theme in Addus HomeCare news is growth through acquisitions. Recent announcements describe the acquisition of the Gentiva personal care operations, Helping Hands Home Care Service, Inc. in Pennsylvania and the personal care operations of Del Cielo Home Care Services in Texas. The company explains how these transactions expand its personal care coverage, support its goal of offering three levels of home-based care in certain states and increase its presence in key markets.
News items also cover developments in state reimbursement rates for in-home care, particularly in Illinois and Texas, where budget approvals for rate increases are expected to affect the company’s personal care revenues. In addition, Addus HomeCare issues notices about upcoming earnings calls and its participation in healthcare and investment conferences hosted by firms such as BofA Securities, RBC Capital Markets, Jefferies, UBS and Stephens.
For readers tracking ADUS, this news page provides access to company-issued updates on financial performance, strategic acquisitions, reimbursement changes and investor outreach activities.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
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.
Addus HomeCare Corporation (NASDAQ: ADUS) announced it will release its earnings for the fourth quarter and year ended December 31, 2022, on February 27, 2023, after market close. A conference call will follow on February 28, 2023, at 9:00 a.m. ET, featuring key executives including Chairman and CEO Dirk Allison. Investors can join the call by dialing (833) 629-0620. The call will be accessible through a replay until March 7, 2023, and a live broadcast will be available on the Company’s website.
Addus HomeCare provides home care services to approximately 46,500 consumers across 202 locations in 22 states.