Addus HomeCare Q1 2025: 20% Revenue Growth, 17% EPS Jump

Addus HomeCares Q1 2025 results showcase impressive growth: total revenue surged by 20.3% to $337.7 million, with adjusted earnings per share jumping 17.4% to $1.42 and adjusted EBITDA climbing 25.1% to $40.6 million. This growth was driven by strong organic gains and the full first quarter from their largest acquisition, Gentivas personal care operations. Personal care, their core business, saw a 7.4% same-store growth, fueled by increased hours and a rate hike in Illinois. Hospice and home health also contributed to the growth. The company highlighted successful caregiver hiring, improved scheduling tech, and strategic use of ARPA funds for retention. With solid cash reserves, reduced debt, and a focus on tuck-in acquisitions, Addus is well-positioned for 10% annual growth amid home care demand surge. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/45558de984d3b474