Addus HomeCare ( NASDAQ: ADUS ) stock price declined 6.3% on Wednesday after hours as it priced an underwritten offering of 1.5Mshares at $108.
00 per share. Underwriters have a 30-day option to purchase up to 225K additional shares. Gross proceeds are expected to be $162M.
Addus ( ADUS ) intends to use ~$81.4M of the net proceeds for the repayment of all indebtedness outstanding under its credit facility and the remainder for general corporate purposes, including the previously announced acquisition of the personal care assets of Gentiva and any future acquisitions or investments. More on Addus HomeCare Addus HomeCare: Adding More Care Addus HomeCare Corporation (ADUS) Q1 2024 Earnings Call Transcript Addus HomeCare Non-GAAP EPS of $1.
21 beats by $0.12, revenue of $280.75M beats by $0.
31M Seeking Alpha’s Quant Rating on Addus HomeCare Historical earnings data for Addus HomeCare.
