NASDAQ$AMED

Amedisys Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Amedisys reported a net loss attributable to Amedisys, Inc. of $80.3 million, which is inclusive of $125.5 million in costs associated with merger transactions, compared to net income attributable to Amedisys, Inc. of $29.6 million in 2022.

Amedisys, Inc. reported a decrease in net service revenue to $553.0 million compared to $557.9 million in 2022. The company experienced a net loss attributable to Amedisys, Inc. of $80.3 million, inclusive of merger-related costs, contrasting with a net income of $29.6 million in the previous year. Adjusted EBITDA was $74.6 million, slightly up from $74.4 million in 2022.

  • Net service revenue decreased by $4.9 million year-over-year to $553.0 million.
  • Net loss attributable to Amedisys, Inc. was $80.3 million, impacted by $125.5 million in merger transaction costs.
  • Adjusted EBITDA increased slightly to $74.6 million from $74.4 million in the prior year.
  • The company has suspended guidance on 2023 financial performance due to the pending merger with UnitedHealth Group Incorporated.

Headline financials

Total Revenue

$553M

Previous: $558M-0.9%
EPS (adj)

$1.37

Previous: $1.47-6.8%
Capital Expenditures

$1.39M

Previous: $1.88M-25.9%
Free Cash Flow

$59.4M

Previous: $55.5M+6.9%
Net Income

-$80.5M

Previous: $29M-377.2%
Operating Income

$37.8M

Previous: $47.6M-20.7%
Gross Profit

$256M

Previous: $242M+5.7%
Cash & Equivalents

$95.4M

Previous: $26.6M+259.0%
Total Assets

$1.98B

Previous: $2B-0.9%
Stock-Based Comp

$9.11M

Previous: $5.15M+76.9%

Revenue & EPS history

Amedisys · Revenue · Quarterly

$553M

Q2 2023-0.9%vs Q2 2022
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

Amedisys has decided to suspend providing forward guidance on 2023 financial performance due to the pending merger with UnitedHealth Group Incorporated.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-0.6%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-5.0%

Avg return

30 days after

46%

32 / 70 earnings

Positive

+25.6%

Q2 2014

Best reaction

-25.3%

Q3 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025
Q2 2025+1.2%+1.0%
Q1 2025+0.2%-0.8%-1.6%
Q4 2024+0.1%+0.6%+1.5%
Q3 2024+0.9%-3.4%-10.4%
Q2 2024+0.0%+0.5%-0.2%
Q1 2024+0.0%+0.8%+5.5%
Q4 2023+0.9%+0.6%-1.6%
Q3 2023-0.8%-1.1%+1.8%
Q2 2023-0.6%-0.2%+2.5%
Q1 2023+4.2%+3.9%+2.8%
Q4 2022+5.4%+2.2%-23.6%
Q3 2022-9.0%-4.2%-10.7%
Q2 2022-3.8%+0.9%-4.5%
Q1 2022+0.4%-3.3%-10.5%
Q4 2021+5.8%+14.5%+18.4%
Q3 2021+0.1%+1.7%-20.2%
Q2 2021-22.8%-22.9%-29.3%
Q1 2021+0.2%
Q4 2020-6.2%
Q3 2020-1.9%
Q2 2020+3.7%
Q1 2020-3.3%
Q4 2019-2.1%
Q3 2019-1.5%
Q2 2019-1.9%
Q1 2019-6.3%
Q4 2018+0.0%
Q3 2018+17.3%
Q2 2018+11.1%
Q1 2018+7.2%
Q4 2017+2.3%
Q3 2017+4.8%
Q2 2017-20.9%
Q1 2017+4.4%
Q4 2016+4.7%
Q3 2016-10.1%
Q2 2016-7.1%
Q1 2016-7.0%
Q4 2015+12.3%
Q3 2015+10.8%
Q2 2015-3.2%
Q1 2015+6.0%
Q4 2014-5.4%
Q3 2014+16.2%
Q2 2014+25.6%
Q1 2014-1.0%
Q4 2013-10.0%
Q3 2013-25.3%
Q2 2013+17.8%
Q1 2013-2.8%
Q4 2012-8.7%
Q3 2012-5.0%
Q2 2012+12.5%
Q1 2012-1.2%
Q4 2011-0.6%
Q3 2011-23.8%
Q2 2011-10.7%
Q1 2011-6.4%
Q4 2010-8.0%
Q3 2010+1.3%
Q2 2010-7.9%
Q1 2009-4.3%
Q1 2010+2.6%
Q4 2007-1.3%
Q4 2009-1.3%
Q3 2008-5.7%
Q3 2009-5.7%
Q4 2008+7.6%
Q2 2008+7.6%
Q2 2009+7.6%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro