LHC Group Announces Second Quarter 2019 Financial Results
LHC Group - common stock (LHCG)
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Source: GlobeNewswire
Strong Execution on Organic Growth and M&A Strategy Affirms 2019 Guidance LAFAYETTE, La., Aug. 07, 2019 (GLOBE NEWSWIRE) -- LHC Group, Inc. (NASDAQ: LHCG) announced its financial results for the quarter ended June 30, 2019. Unless otherwise noted, all results for the second quarter ended June 30, 2019 are compared with the second quarter ended June 30, 2018. Second Quarter of 2019 Financial Results - All Businesses on Track for First Half of 2019 Net service revenue increased 3.2% to $517.8 million.Net income attributable to LHC Group’s common stockholders increased 48.8% to $25.0 million. Earnings per diluted share attributable to LHC Group’s common stockholders increased 45.4% to $0.80 which includes the effect of costs and expenses described within the adjusted results below. Adjusted net income attributable to LHC Group’s common stockholders increased 28.8% to $33.3 million. Adjusted earnings per diluted share attributable to LHC Group’s common stockholders increased 27.4% t
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