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Extendicare’s Robust Growth Spurs Strong Q2 Earnings

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Extendicare’s Robust Growth Spurs Strong Q2 Earnings

Extendicare (TSE:EXE) has released an update.

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Extendicare Inc. has reported a strong second quarter for 2024 with a marked improvement in earnings, driven by increased rates and volume in long-term and home health care services. The company saw a significant rise in Adjusted EBITDA and net earnings, alongside growth in their managed services and successful asset sales. This performance underscores Extendicare’s enhanced operational efficiency and robust growth trajectory.

For further insights into TSE:EXE stock, check out TipRanks’ Stock Analysis page.

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