Addus HomeCare Q3 revenue rises 7.0% to $289.8 million; net income $20.2 million
Addus HomeCare reported third-quarter 2024 results on November 4, 2024, with net service revenues up 7.0% to $289.8 million and net income up to $20.2 million, or $1.10 per diluted share, from $15.4 million, or $0.95, a year earlier. The company said the Gentiva personal care acquisition is expected to close in the fourth quarter of 2024, and the release did not include updated full-year guidance.
Key points
- Net service revenues rose 7.0% to $289.8 million, compared with $270.7 million in the third quarter of 2023.
- Net income was $20.2 million, or $1.10 per diluted share, versus $15.4 million, or $0.95, a year earlier.
- Adjusted net income per diluted share rose 13.0% to $1.30; Adjusted EBITDA rose 11.1% to $34.3 million.
- Addus expects to close the Gentiva personal care acquisition in the fourth quarter of 2024.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2024.
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