Strong Revenue Growth
Total revenue for the second quarter of 2025 was $349.4 million, an increase of 21.8% compared to the second quarter of 2024.
Increased Earnings Per Share
Adjusted earnings per share increased by 10.4% to $1.49 from $1.35 in the second quarter of 2024.
Adjusted EBITDA Growth
Adjusted EBITDA was $43.9 million, up 24.5% compared to the second quarter of 2024.
Debt Reduction
The company reduced bank debt by $30 million, leaving a balance of $173 million at quarter end.
Acquisition of Helping Hands Home Care
Addus HomeCare closed on its acquisition of Helping Hands Home Care, expanding its market coverage in Pennsylvania.
Personal Care Segment Performance
Personal Care segment showed a same-store revenue growth of 7.4% compared to the second quarter of 2024.
Hospice Segment Growth
Hospice same-store revenue increased by 10% compared to the same quarter of 2024.
Reimbursement Rate Increases
Illinois and Texas finalized budgets with reimbursement rate increases for personal care services, expected to add significant annualized revenue.