StockNews.AI
MODV
StockNews.AI
166 days

Modivcare Reports Fourth Quarter and Full Year 2024 Financial Results; Announces Changes to the Board of Directors

1. Modivcare reported $702.8 million revenue, consistent with previous year. 2. The company incurred a net loss of $23.5 million in Q4 2024.

Earnings
-22.54%Current Return
VS
+0.53%S&P 500
$3.5503/06 04:35 PM EDTEvent Start
$2.7503/07 10:47 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Neutral?

Revenue stability suggests resilience, but continued losses indicate potential investor concern.

How important is it?

Financial results affect investor sentiment, showcasing revenue consistency yet indicating losses.

Why Short Term?

Investors may react to recent results, impacting stock in the near term.

Related Companies

LNTAMEDPRAH
DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions focused on improving patient outcomes, today reported financial results for the three months and full year ended December 31, 2024. Fourth Quarter 2024 Summary: Service revenue of $702.8 million, remaining consistent with the fourth quarter of 2023 Net loss of $23.5 million, or negative $1.64 per dil.

Related News