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InnovAge Holding Corp - INNV STOCK NEWS

Welcome to our dedicated news page for InnovAge Holding (Ticker: INNV), a resource for investors and traders seeking the latest updates and insights on InnovAge Holding.

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 InnovAge Holding'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.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of InnovAge Holding's position in the market.

Rhea-AI Summary
InnovAge Holding Corp. celebrates the grand opening of its newest PACE center in Los Angeles, offering comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE). The center provides a range of services, including medical care, dining, and recreational activities at no cost to eligible seniors. InnovAge aims to empower seniors to live independently and enhance their well-being through personalized care plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.76%
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Rhea-AI Summary
InnovAge Holding Corp. will announce its fiscal third quarter 2024 financial results on May 7, 2024, and host a conference call to review the results. The Company specializes in providing healthcare programs to frail seniors through the Program of All-inclusive Care for the Elderly (PACE). The conference call will be available via live audio webcast on the Company's website, with a replay available for on-demand listening. Participants can also access the call by phone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
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Rhea-AI Summary
InnovAge Holding Corp. launched a new PACE center in Tampa, Florida, with the capacity to serve 1,300 participants. The center offers comprehensive healthcare programs for dual-eligible seniors, including medical and dental services, memory care, and more. InnovAge aims to provide personalized care plans to promote independence and well-being for seniors with Medicare and Medicaid coverage.
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Rhea-AI Summary
InnovAge Holding Corp. will host its Investor Day on February 27, 2024, in New York City. The event will provide insights into the company's healthcare programs for seniors and the Program of All-inclusive Care for the Elderly (PACE). President and CEO Patrick Blair will lead the event, offering a comprehensive overview of the company's strategic direction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.52%
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conferences
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Rhea-AI Summary
InnovAge Holding Corp. announced its financial results for the fiscal second quarter ended December 31, 2023. The company reported an increase in total revenues to $188.9 million, a decrease in net loss margin to 2.0%, and a significant increase in adjusted EBITDA to $7.8 million. The company also provided its full fiscal year 2024 financial guidance, reiterating its expectations for total revenues and adjusted EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.94%
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Rhea-AI Summary
InnovAge Holding Corp. will release its 2024 fiscal second quarter financial results on February 6, 2024, after market close. The Company, a leader in providing healthcare programs to frail seniors, will host a conference call to review the results at 5 p.m. E.T. The call will be available via webcast on the Company’s website, with a replay also available for on-demand listening. Participants can access the call by phone through a registration link provided by the Company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
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Rhea-AI Summary
InnovAge Holding Corp. (INNV) expands its West Coast footprint by acquiring two PACE programs in California from ConcertoCare. The acquisition aligns with InnovAge's growth strategy and commitment to operational excellence, adding capacity for approximately 750 participants at maturity.
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Rhea-AI Sentiment
End-of-Day
0.51%
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Rhea-AI Summary
INNV InnovAge Holding Corp. Announces Fiscal First Quarter 2024 Financial Results, Revenue Up 6.6%, Loss Before Income Taxes Down 37.6%, Net Loss Margin Decreased to 6.0%
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
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Rhea-AI Summary
InnovAge Holding Corp. will release its 2024 fiscal first quarter financial results on November 7, 2023, after market close. A conference call will be held to review the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.99%
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Rhea-AI Summary
InnovAge Holding Corp. appoints Darlene Flaig as Chief Nursing Officer, bringing her extensive healthcare experience and operational excellence to the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
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InnovAge Holding Corp

Nasdaq:INNV

INNV Rankings

INNV Stock Data

531.37M
22.18M
81.04%
12.36%
0.26%
Dental Laboratories
Manufacturing
Link
US
Denver

About INNV

innovage helps seniors age in their own homes with dignity through the program of all-inclusive care for the elderly (pace). innovage is dedicated to expanding this successful program to serve as many seniors as possible across the country. we hire exceptional people for our programs in california, colorado, new mexico, pennsylvania, and virginia.our mission is to sustain and enhance the independence and quality of life for those we serve, on their terms. our purpose is to help older adults remain mobile, prolong their health, and continue living in their own homes.