An announcement from Addus Homecare ( (ADUS) ) is now available.
Addus HomeCare Corporation reported strong financial results for the third quarter of 2024, with a 7% increase in net service revenues to $289.8 million and an 11.1% rise in adjusted EBITDA to $34.3 million. The company attributed its success to solid organic growth and recent acquisitions, highlighting the high demand for home-based care services. Addus plans to expand further with the upcoming acquisition of Gentiva’s personal care operations, enhancing its market presence and ability to deliver quality care across its service areas.
See more insights into ADUS stock on TipRanks’ Stock Analysis page.
