Welcome to our dedicated page for Aveanna Healthcare Holdings news (Ticker: AVAH), a resource for investors and traders seeking the latest updates and insights on Aveanna Healthcare Holdings stock.
Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH) is described as a diversified home care platform focused on medically complex, high-cost patient populations, with headquarters in Atlanta, Georgia and locations in 38 states. The AVAH news page on Stock Titan aggregates company press releases and market updates that explain how Aveanna delivers pediatric and adult nursing, therapy, home health, hospice, and medical product services in home and community settings.
Visitors to this page can review Aveanna’s own announcements on topics such as updated full year financial guidance, preliminary and final quarterly results, and commentary on non-GAAP measures like EBITDA, Adjusted EBITDA, and Normalized Adjusted EBITDA. News items also cover participation in healthcare and finance conferences, including events hosted by financial institutions, where the company’s management presents to investors and holds one-on-one meetings.
Other Aveanna releases describe capital markets activity and financing developments, such as secondary offerings of common stock by existing stockholders and amendments to credit facilities and term loans. These updates provide context on the company’s capital structure, refinancing transactions, and relationships with lenders and underwriters.
Because Aveanna positions its services as a high quality, lower cost alternative to prolonged hospitalization, news about its financial performance, strategic financing actions, and investor presentations can be relevant to those tracking trends in home-based care for medically fragile and chronically ill children and adults. For ongoing coverage of AVAH, investors and observers can use this page to follow the company’s reported milestones, regulatory disclosures referenced in press releases, and other public communications.
Aveanna Healthcare Holdings (NASDAQ: AVAH) announced its participation in two upcoming investor conferences. The first is the Raymond James Institutional Investors Conference on March 8, 2022, at 4:35 p.m. ET in Orlando, Florida.
Following this, the company will engage in a Fireside Chat at the Barclays Global Healthcare Conference on March 15, 2022, at 1:35 p.m. ET in Miami Beach, Florida.
Investors can access a live webcast of the presentations on Aveanna's Investor Relations page, with replays available shortly after.
Aveanna Healthcare will release its Q4 and full-year results on March 28, 2022, after market close. The following day, March 29, at 10:00 a.m. ET, a conference call will discuss these results. Interested parties can join the call by phone or via a live webcast on the company's investor relations website. The replay will be available for a week. Aveanna operates in 30 states, providing healthcare services, including nursing and therapy, aimed at offering high-quality, cost-effective alternatives to long hospital stays.
Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH) announced its participation in the upcoming JP Morgan Healthcare Conference on January 12th, 2022. The management team will present at 11:15 AM Eastern Time, and interested investors can access the live webcast on the Company's Investor Relations website. The Company provides diverse healthcare services across 30 states, including nursing, rehabilitation, and home health services aimed at delivering high-quality, cost-effective alternatives to hospitalization.
Aveanna Healthcare Holdings has completed the acquisition of Comfort Care for $345 million, which is expected to enhance its adult home health and hospice operations. Comfort Care, operating primarily in Alabama and Tennessee, generates around $100 million in annual revenue. This acquisition aligns with Aveanna's strategy to strengthen its presence in demographically attractive markets. Funding for the deal was secured via a $415 million term loan, a $150 million securitization, and cash reserves. The full integration of Comfort Care is planned for 2022.
Aveanna Healthcare Holdings has completed the acquisition of Accredited Home Care for $180 million, with an additional $45 million contingent on 2021 volume targets. Accredited, a significant player in private duty services, reported $114.8 million in revenue for the past twelve months, primarily from Medicaid. The integration of Accredited is expected to occur in 2022, enhancing Aveanna's offerings in California and supporting the increasing demand for home-based care solutions.
Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH) will participate in two upcoming investor conferences. The management team will present at the Stephens Investment Conference on November 29, 2021, with a fireside chat scheduled for 1:00 p.m. Eastern Time. Following that, they will attend the BofA Securities Home Care Conference on December 7, 2021, with their fireside chat at 12:40 p.m. Eastern Time. Investors can listen to the live webcasts on the company’s Investor Relations page, with replays available shortly after each event.
Aveanna Healthcare Holdings, Inc. (NASDAQ: AVAH) reported a strong third quarter 2021, with revenue rising 12.4% to $411.3 million and net income of $2.1 million, or $0.01 per diluted share. Adjusted EBITDA grew 14.6% to $45.8 million. The company announced acquisitions of Comfort Care and Accredited, expected to enhance their market position, with projected revenues of $97 million and $115 million, respectively. Full-year revenue guidance has been adjusted to $1.675 to $1.680 billion, lowered from $1.745 billion.
Aveanna Healthcare Holdings (NASDAQ: AVAH) will release its third quarter results after market close on November 15, 2021. A conference call is scheduled for November 16, 2021, at 10:00 a.m. Eastern Time, accessible via phone and webcast. The company, based in Atlanta, operates in 30 states, providing services like nursing, therapy, and home health care. Aveanna aims to offer a high-quality, lower-cost alternative to prolonged hospitalization, catering to pediatric and adult patients. For further details, visit the investor relations section of Aveanna's website.
Butterfly Network (NYSE: BFLY) has announced the appointment of Dr. Erica Schwartz to its Board of Directors and Troy Quander as Senior Vice President of Regulatory and Quality. These strategic additions aim to enhance the company’s capabilities in medical imaging and regulatory affairs. Dr. Schwartz, a former Deputy Surgeon General, brings extensive healthcare management experience, while Quander adds over 25 years of regulatory expertise. Both are expected to facilitate Butterfly's mission of democratizing medical imaging and driving innovative solutions in clinical practice.
Aveanna Healthcare Holdings reported a 24% increase in revenue to $436.1 million for Q2 2021, driven by substantial growth in Private Duty Services and Home Health & Hospice segments.
Gross margin rose 37.5% to $146.6 million, with a net income of $1.3 million compared to a net loss of $77.6 million in Q2 2020. Adjusted EBITDA grew by 30.6% to $48.8 million.
The company reaffirmed a revenue guidance of at least $1,745 million for 2021, highlighting operational progress and successful debt refinancing.
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