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Addus HomeCare Announces Fourth Quarter and Year End 2024 Financial Results

1. ADUS Q4 2024 report: 7.5% revenue growth and improved earnings metrics. 2. Adjusted EPS up 4.6% and EBITDA increased 10.3%, signaling operational strength.

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$108.8402/24 04:16 PM EDTEvent Start

$97.5302/25 10:39 PM EDTLatest Updated
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FAQ

Why Bullish?

The solid revenue growth and improvement in net income and EBITDA suggest increased operational efficiency and market confidence, which historically have driven share price gains. Similar earnings beats in the home care sector have often preceded short-term upward price movements.

How important is it?

Earnings announcements are critical for assessing company performance; the notable improvements in ADUS's financial metrics provide actionable insights that can drive investor sentiment and share price adjustments.

Why Short Term?

Quarterly earnings reports typically influence near-term trading sentiment and volatility, with positive results prompting immediate investor interest. In past quarters, such announcements have led to quick market reactions from active traders.

Related Companies

FRISCO, Texas--(BUSINESS WIRE)--Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Highlights: Net Service Revenues Grow 7.5% to $297.1 Million Net Income of $19.5 Million, or $1.07 per Diluted Share Adjusted Net Income per Diluted Share Increases 4.6% year-over-year to $1.38 Adjusted EBITDA Increases 10.3% year-over-year to $37.8 Million Cash Flow from Op.

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