LOGO
LOGO

Quick Facts

AdaptHealth Corp Gains 28% Despite Increased Loss In Q4

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Medical device manufacturer, AdaptHealth Corp.'s (AHCO) shares gain 28 percent during trading on Tuesday morning, following the announcement of the fourth quarter earnings report, where the company's loss widened to $254.5 million or $1.91 per share from $2.58 million or $0.02 per share in the year ago quarter.

Despite the loss, the company's stock is currently trading at $9.82, up 28.7 percent, over the previous close of $7.63 on a volume of around 3.74 million. It has traded between $6.37 and $17.85 in the last one year on the Nasdaq.

Revenue for the fourth quarter rose to $858.2 million from $780.2 million last year.

For comments and feedback contact: editorial@rttnews.com

Business News

Invest in the Best Biotech Stocks by Subscribing to RTT Biotech Investor.
Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.

RELATED NEWS