Addus HomeCare Corporation

NASDAQ:ADUS   3:59:43 PM EDT
96.08
+0.25 (+0.26%)
Earnings Announcements, Mergers / Acquisitions

Addus Homecare Agrees To Acquire Queen City Hospice, Llc, Affiliate

Published: 11/11/2020 13:44 GMT
Addus Homecare Corp (ADUS) - Addus Homecare Signs Definitive Agreement to Acquire Queen City Hospice, Llc and Affiliate.
Addus Homecare Corp - Deal for a Cash Purchase Price of $192.0 Million.
Addus Homecare Corp - Will Fund Acquisition Through a Combination of Cash on Hand and Company's Revolving Credit Facility.
Addus Homecare Corp - Expect This Transaction to Be Immediately Accretive to Financial Results.
Revenue is expected to be $196.21 Million
Adjusted EPS is expected to be $0.73

Next Quarter Revenue Guidance is expected to be $209.6 Million
Next Quarter EPS Guidance is expected to be $0.85

More details on our Analysts Page.