Aveanna Healthcare Holdings Expects FY24 Revenue Of >$1.985B (Prior >$1.970B) Vs $1.979B Est
Portfolio Pulse from Benzinga Newsdesk
Aveanna Healthcare Holdings has updated its full-year 2024 guidance, expecting revenue to exceed $1.985 billion, up from the previous guidance of over $1.970 billion. Adjusted EBITDA is now expected to be greater than $158 million, up from the prior guidance of over $150 million.
August 08, 2024 | 10:41 am
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Aveanna Healthcare Holdings has raised its full-year 2024 revenue guidance to over $1.985 billion and Adjusted EBITDA to over $158 million, indicating stronger financial performance expectations.
The increase in revenue and Adjusted EBITDA guidance suggests that Aveanna Healthcare Holdings is expecting better financial performance than previously anticipated. This is likely to positively impact the stock price in the short term as investors react to the improved outlook.
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