Enhabit Reported Preliminary Q2 Adj EBITDA Of $24.5M-$25.0M, Reduced Bank Debt by $15M

7/15/24 7:50:21 AM ET

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Enhabit, Inc. (NYSE:EHAB) ("Enhabit" or the "Company"), a leading home health and hospice provider, today announced certain unaudited preliminary results for the second quarter ended June 30, 2024. The Company plans to report actual second quarter 2024 financial results on Aug. 6, 2024, and host a webcast and conference call on Aug. 7, 2024.

Unaudited Preliminary Results for the Second Quarter Ended June 30, 2024

Adjusted EBITDA* in the range of $24.5 million to $25.0 million
Reduced bank debt by $15 million, including a $10 million payment on Enhabit's revolving credit facility
43% of Enhabit's non-Medicare visits shifting to payor innovation contracts at improved rates, an increase from 38% in the first quarter of 2024

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Enhabit Reported Preliminary Q2 Adj EBITDA Of $24.5M-$25.0M, Reduced Bank Debt by $15M

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Director Bolton Jeffrey bought $77,177 worth of shares (10,000 units at $7.72), increasing direct ownership by 12% to 94,144 units (SEC Form 4)

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Director Bolton Jeffrey bought $77,177 worth of shares (10,000 units at $7.72), increasing direct ownership by 12% to 94,144 units (SEC Form 4)

Director Bolton Jeffrey bought $40,050 worth of shares (5,000 units at $8.01), increasing direct ownership by 7% to 78,877 units (SEC Form 4)

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Enhabit Inc. upgraded by Leerink Partners with a new price target

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SEC Form 10-Q filed by Enhabit Inc.

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