InnovAge Q4 2023 Earnings Report

InnovAge EPS Results

• Actual EPS: -$0.09
• Consensus EPS: -$0.03
• Beat/Miss: Missed by -$0.06
• One Year Ago EPS: N/A

InnovAge Revenue Results

• Actual Revenue: $176.87 million
• Expected Revenue: $175.03 million
• Beat/Miss: Beat by +$1.84 million
• YoY Revenue Growth: N/A

InnovAge Announcement Details

• Quarter: Q4 2023
• Date: 9/12/2023
• Time: N/A

InnovAge (NASDAQ:INNV) manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management. The company serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 2007 and is headquartered in Denver, Colorado.