AdaptHealth reports Q2 EPS 10c, consensus 16c

Reports Q2 revenue $800.37M, consensus $803.8M. “AdaptHealth’s (AHCO) momentum continues to build,” said Suzanne Foster, CEO of AdaptHealth. “We delivered another quarter of solid results in the second quarter. We are driving revenue growth, underscored by today’s milestone announcement of a new capitated partnership with a major national healthcare system. We are advancing multiple initiatives to boost operating efficiency, elevate the patient experience, and expand our profit margins. And we are making rapid progress reducing debt and fortifying our financial position. Step by step, we are executing on a focused plan to unlock the full value of our enterprise, guided by our dedication to providing exceptional service to the 4.2 million patients that depend on us.”