Earnings Call Summary | Aveanna Healthcare(AVAH.US) Q1 2024 Earnings Conference
Earnings Call Summary | Aveanna Healthcare(AVAH.US) Q1 2024 Earnings Conference
The following is a summary of the Aveanna Healthcare Holdings Inc. (AVAH) Q1 2024 Earnings Call Transcript:
以下是Aveanna Healthcare Holdings Inc.（AVAH）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Aveanna Healthcare reported Q1 2024 revenue of $491 million, a 5.2% increase compared to the previous year.
The Q1 2024 adjusted EBITDA rose to $34.9 million, up by 22.5%, attributed to an improved payer rate environment and cost reduction efforts.
Consolidated gross margin was about 30% or $145.9 million, up by 1% from the previous period.
Cash on hand was approximately $42.6 million among over $220 million in liquidity at end Q1.
Q1 negative operating cash flow of $12 million was reported, although the company anticipates positive operating cash flow for 2024.
The company expects revenue exceeding $1.97 billion and adjusted EBITDA over $150 million for the full year 2024.
Aveanna Healthcare報告稱，2024年第一季度收入爲4.91億美元，與去年同期相比增長5.2％。
2024年第一季度調整後的息稅折舊攤銷前利潤增至3,490萬美元，增長22.5％，這要歸因於付款人費率環境的改善和成本削減的努力。
合併毛利率約爲30％，合1.459億美元，較上期增長1％。
截至第一季度末，在超過2.2億美元的流動性中，手頭現金約爲4,260萬美元。
儘管該公司預計2024年的運營現金流爲正值，但第一季度報告的運營現金流爲1200萬美元。
該公司預計，2024年全年收入將超過19.7億美元，調整後的息稅折舊攤銷前利潤超過1.5億美元。
Business Progress:
業務進展：
Aveanna Healthcare carried out four additional preferred payer contracts in Q1 2024, intending to increase the total from 14 to 22.
The company noted optimistic indicators in the caregiver labor market due to their preferred payer strategy.
Aveanna maintains a disciplined growth approach while adjusting its caregiver capacity to preferred payers.
It reported a significant increase in gross margins in Q1 2024.
The company earmarked growth in Private Duty Services (PDS) and Medical Solutions sectors as key revenue drivers.
Aveanna aims for preferred payer volume to constitute over 50% of its total volume going forward.
The company projects immediate sequential rise in Q2 gross margin and a positive year-over-year growth for the rest of the year.
Aveanna added Jerry Perchik as the new Chief Legal Officer, strengthening its legal team.
The company is pursuing its preferred payer strategy across numerous states and diligently working to expand organically while maintaining cost-effectiveness and efficiency.
Aveanna Healthcare在2024年第一季度又簽訂了四份優先付款人合同，打算將總數從14份增加到22份。
該公司注意到護理人員勞動力市場的樂觀指標，這要歸因於他們偏愛的付款人策略。
Aveanna堅持嚴格的增長方針，同時根據優先付款人調整其護理人員能力。
該公司報告稱，2024年第一季度毛利率大幅增長。
該公司將私人值班服務（PDS）和醫療解決方案領域的增長列爲主要收入驅動力。
Aveanna的目標是使優先付款人的交易量佔未來總額的50％以上。
該公司預計，第二季度毛利率將立即連續增長，今年剩餘時間將實現同比正增長。
Aveanna任命傑裏·珀奇克爲新任首席法務官，以加強其法律團隊。
該公司正在多個州推行其首選付款人戰略，並在保持成本效益和效率的同時，努力實現有機擴張。
More details: Aveanna Healthcare IR
更多詳情： Aveanna 醫療保險
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。