Welcome to our dedicated page for Carerx news (Ticker: CHHHF), a resource for investors and traders seeking the latest updates and insights on Carerx stock.
CareRx Corp provides pharmacy services to seniors living and other congregate care communities in Canada, including long-term care homes, retirement homes, assisted living facilities and group homes. Company news commonly covers financial results, dividends on common shares, conference calls, healthcare investor events and operating updates tied to medication management services.
CareRx's updates also describe its national network of pharmacy fulfillment centers, automated preparation and verification of multi-dose compliance packaging, and work with home operator partners on resident health, staff education and medication system quality and efficiency.
CareRx Corporation (TSX: CRRX), Canada's leading provider of pharmacy services to seniors living communities, has announced the initiation of a quarterly dividend program. The company's Board of Directors has declared a dividend of $0.02 per Common Share, payable on October 15, 2025, to shareholders of record as of September 23, 2025.
According to CEO Puneet Khanna, this initiative reflects the company's strong cash generation capabilities and disciplined capital allocation strategy. CareRx remains committed to investing in both organic and inorganic growth initiatives while maintaining financial flexibility.
CareRx Corporation (TSX: CRRX), Canada's leading provider of pharmacy services to seniors living communities, reported Q2 2025 financial results. Revenue reached $91.4 million, up from Q1 2025's $89.6 million but slightly down from Q2 2024's $92.0 million. The company achieved net income of $0.6 million, improving from $0.2 million in Q1 2025 and reversing a $1.4 million loss from Q2 2024.
Notably, Adjusted EBITDA grew to $8.0 million (8.8% margin), showing improvement from both Q1 2025 ($7.8 million) and Q2 2024 ($7.5 million). The company's bed count reached 91,062, marking the start of an expected growth period. Additionally, the Ontario Ministry of Health paused previously scheduled reductions in long-term care pharmacy funding fees, which would have decreased from $1,500 to $1,200 per bed annually.
CareRx Corporation (TSX: CRRX) has scheduled its second quarter 2025 financial results conference call for Thursday, July 31, 2025, at 8:30 a.m. ET. The company will release its Q2 2025 financial results for the period ended June 30, 2025, after market close on Wednesday, July 30, 2025.
Participants can join via telephone by dialing 647-849-3320 or 1-833-752-4643, or through a live webcast available on the company's investor relations website. The webcast presentation will be archived for 90 days on CareRx's website.
CareRx (TSX: CRRX) has announced it will host a conference call with slide presentation to discuss its fourth quarter 2024 financial results on Wednesday, March 5, 2025, at 8:30 a.m. ET. The company plans to release its Q4 2024 financial results via news release around 7:00 a.m. ET on the same day.
Participants can join through two methods:
- Telephone dial-in: 647-484-8814 or 1-844-763-8274 (connect 15 minutes early)
- Live webcast: Available on the Events and Presentations page of CareRx's Investors section website