AdaptHealth Corp. Announces Third Quarter 2019 Financial Results for its AdaptHealth Holdings LLC Subsidiary
AdaptHealth Corp. - Class A (AHCO)
Company Research
Source: Business Wire
PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--AdaptHealth Corp. (NASDAQ: AHCO; AHCOW) (the “Company”), the third largest provider of home medical equipment (“HME”) in the United States, today announced financial results for its subsidiary, AdaptHealth Holdings LLC (“AdaptHealth Holdings”), for the three and nine months ended September 30, 2019.AdaptHealth Corp. reported the results of AdaptHealth Holdings without giving effect to the impact of the consummation of the Company’s acquisition of AdaptHealth Holdings on November 8, 2019 (the “Business Combination”), although results for the 2019 periods include certain expenses related to the transaction.AdaptHealth Holdings’ Third Quarter 2019 Financial Highlights Compared to Three Months Ended September 30, 2018Net revenue less provision for doubtful accounts increased 33.6% to $136.5 million:net sales revenue grew 44.5% to $83.1 million.net revenue from fixed monthly equipment reimbursements rose 19.5% to $53.4 millionNet loss equaled $3.
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AHCO
News
- AdaptHealth Corp. (NASDAQ: AHCO) had its price target lowered by analysts at Royal Bank of Canada from $13.00 to $11.00. They now have an "outperform" rating on the stock.MarketBeat
- AdaptHealth Corp. (NASDAQ: AHCO) had its price target lowered by analysts at Truist Financial Co. from $13.00 to $12.00. They now have a "buy" rating on the stock.MarketBeat
- AdaptHealth Corp. to Participate in the Stifel 2024 Healthcare ConferenceBusiness Wire
- AdaptHealth Corp. (NASDAQ: AHCO) had its price target lowered by analysts at UBS Group AG from $13.00 to $12.00. They now have a "buy" rating on the stock.MarketBeat
- AdaptHealth Corp. (NASDAQ: AHCO) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $14.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
AHCO
Earnings
- 11/5/24 - Miss
AHCO
Sec Filings
- 11/22/24 - Form 144
- 11/15/24 - Form 4
- 11/14/24 - Form SC
- AHCO's page on the SEC website