Aveanna Healthcare(AVAH) - 2024 Q1 - Quarterly Results
Aveanna Healthcare(AVAH)2024-05-09 18:22
Exhibit 99.1 AVEANNA HEALTHCARE HOLDINGS ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS AND REVISED 2024 OUTLOOK • First Quarter Revenue was $490.7 million, a 5.2% increase over the prior year o Gross margin increased 1.0% to $145.9 million, compared to Q1 2023 • First Quarter Net loss was $11.2 million, compared to net loss of $32.0 million in the comparable prior year period o Adjusted EBITDA was $34.9 million, a 22.5% increase as compared to the prior year quarter • Full Year 2024 Revenue guidance raised ...