Aveanna ups guidace after Q3

 

• Third Quarter Revenue was $509.0 million, a 6.5% increase over the prior year period
  • Gross margin increased 8.4% to $159.7 million, compared to Q3 2023
• Third Quarter Net loss was $42.8 million, compared to net loss of $102.4 million in the comparable prior year period
  • Adjusted Net income was $4.6 million, an increase of $9.3 million over the comparable prior year period
• Adjusted EBITDA was $47.8 million, a 32.2% increase as compared to the prior year period
• Full Year 2024 Revenue guidance raised to approximately $2.0 billion
• Full Year 2024 Adjusted EBITDA guidance raised to greater than $168 million

https://www.globenewswire.com/news-release/2024/11/07/2976459/0/en/Aveanna-Healthcare-Holdings-Announces-Third-Quarter-2024-Financial-Results-and-Revised-2024-Outlook.html