Aveanna Healthcare Shares Gain 4% on Q1 Beat
<p><a href='https://financialmodelingprep.com/financial-summary/AVAH'>Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH)</a> shares rose nearly 4% on Thursday after the company reported its Q1 earnings results, with EPS of ($0.05) coming in better than the Street estimate of ($0.06). Revenue was $466.4 million, beating the Street estimate of $452.58 million.</p>
<p>The demand remains strong, and the company seems to be actively working with payers to raise rates and expand capacity. Though the company exceeded Q1 revenue and EBITDA goals, management maintained 2023 guidance, citing the current inflation environment and expected rate adjustments that have yet to be finalized. Management plans to revisit guidance considerations in the back half of the year.</p>

NASDAQ:AVAH